Alibaba invests in AI video generation track with the largest single financing.

Recently, AI video generation company "Love Poetry Technology" completed its Series B financing, with a total amount exceeding 60 million US dollars. This round of financing was led by Alibaba, with investment from Dacheng Caizhi, Deep Creation Investment, Beijing AI Fund, Hunan Electric Broadcast and Television Media, Giant Network, and Antler. It is understood that this is also the largest single financing amount in the domestic video generation field.