Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost
- Posted on January 13, 2026
- By CNBC
- 4 Views
Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost
Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.
