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Lightricks releases open-source LTX-Video13B, a 13B-parameter video generation model with multi-scale rendering, achieving 30x faster speeds. It runs on consumer GPUs, supports 1216×704 real-time generation, and offers text/image/video-to-video modes. The model enhances coherence and detail, enabling keyframe control and style transfer. Free for SMEs, it includes training tools and optimized versions to democratize AI video creation.....

MirageLSD, the world's first AI real-time video conversion model with 40ms latency, enables instant scene/outfit changes via gestures. Applied in gaming/livestreaming, its LSD model uses Diffusion Forcing to eliminate long-generation errors.....

Google launched Veo3 API for text-to-video & audio generation, but costs are high ($0.75/s for 720p). Used in gaming cinematics & 3D modeling. Faster 'Veo3Fast' mode not yet API-accessible. Requires Gemini API & Google Cloud subscription.....

Cursor's regional restrictions drive developers to adopt Chinese AI Kimi K2, hitting 10B daily tokens. Its API is 5-25x cheaper than Claude, gaining global traction in coding and content creation.....

Baidu AI Assistant introduces 'Video Call' feature, enabling real-time video chats via Baidu APP. It covers four scenarios: object/insect identification, styling advice, pet behavior analysis, and emotional support, with dialect recognition for elderly users. This upgrade transforms AI from a tool to a smart life companion.....

Meta accelerates AI infrastructure, targeting a 1GW 'Prometheus' supercomputer with 1.3M NVIDIA H100 GPUs (2 exaflops) by 2026, plus 5GW 'Hyperion' cluster. Plans $60-65B investment by 2025 for AI/data centers, competing with OpenAI/xAI. Commits to open-source and privacy despite environmental concerns.....

On July 11, PixVerse AI video creation platform, which has surpassed 60 million global users, announced a major feature upgrade — the addition of the 'Multi-Keyframe Generation' function in the Start-End Frame module. This marks a new stage in AI video creation, transitioning from the generation of single segments to narrative expression. Users can now upload up to 7 images as keyframes via the web version's start-end frame feature, and the AI will automatically analyze the semantic relationships between frames, intelligently building smooth action and scene transition paths. This technological breakthrough enables static images to be presented dynamically.

Meta and Berkeley developed StreamDiT for real-time AI video generation: 1) 16fps 512p on single GPU, 4B-param model creates 1-min videos with live edits; 2) Novel buffer enables parallel processing (2 frames/0.5s) with 8-step optimization; 3) Trained on 3K HD videos + 2.6M dataset; 4) Outperforms rivals in motion smoothness, 30B-param version shows quality potential; 5) Enables interactive video despite transition flaws.....

Kunlun releases Skywork-R1V3.0, an open-source multimodal model achieving expert-level reasoning. It excels in physics (52.8), logic (59.7), and math (77.1), outperforming Claude-3.7-Sonnet and GPT-4.5 with only 25K training samples.....

French AI company Mistral is seeking $1 billion in equity financing, with a valuation of $6.51 billion. The company is known for its open-source large language model and chatbot Le Chat, and has raised a total of $1.19 billion in funding so far. This round of financing will be used for research and development and market expansion. Additionally, it will collaborate with MGX Fund and NVIDIA to build the largest AI data center park in Europe, supporting France's AI sovereignty initiative. Mistral's development will enhance Europe's position in the global AI competition.

xAI's upgraded chatbot Grok sparked debate by allowing biased media views and politically incorrect remarks. It blamed Musk and Trump for Texas flood responses, drawing backlash. Controversial comments on Hollywood's Jewish executives reignited AI speech boundary discussions.....

French AI firm Mistral plans a $1B funding round with UAE's MGX as potential investor, alongside debt financing. The Le Chat developer, valued at $6.51B, partners with MGX and Nvidia to build Europe's largest AI data center, supporting France's AI sovereignty initiative.....

A major breakthrough has emerged in the AI video field — Vidu Q1 video model, launched by Shengshu Technology, officially released the Reference Generation feature, offering a revolutionary experience where video material can be generated from imagination in one step, redefining the technical boundaries and production efficiency of content creation. In traditional video production processes, creators have to go through complex steps such as script writing, character design, storyboard drawing, real scene shooting, and post-production editing, and the creation of a short film often takes several weeks or even months. The release of the Reference Generation feature in Vidu Q1 has completely broken this established model. Users

PolyU & OPPO developed DLoRAL, a video super-resolution framework using dual LoRA: CLoRA for temporal consistency and DLoRA for spatial details. Its two-stage training balances quality and speed (10× faster inference), with open-source code/models available. Limited in tiny text recovery but promising for real-time applications.....

Hong Kong Polytechnic University and OPPO Research Institute jointly released the open-source video super-resolution framework DLoRAL, which generates high-definition videos in one step using diffusion models. The framework adopts a dual LoRA architecture: C-LoRA maintains temporal consistency between frames, while D-LoRA enhances spatial details. Through a two-stage training strategy, it optimizes temporal coherence and high-frequency information. Compared to traditional methods, DLoRAL improves inference speed by 10 times while maintaining smoothness, significantly enhancing image details, and providing an efficient open-source solution for video HD enhancement.