Di Yi Cai Jing·2025-06-18 08:47Core Viewpoint - The AI video generation sector is experiencing heightened competition with multiple companies launching new models, including MiniMax's Hailuo AI, which aims to improve the quality and cost-effectiveness of video generation [1][6][16] Group 1: Company Developments - MiniMax launched its new video generation model, Hailuo AI (Hailuo 02), which reportedly produces high-quality videos, including complex human movements like acrobatics [1][6] - ByteDance's Seedance 1.0 Pro currently leads the video generation rankings, followed by MiniMax's Hailuo AI, Google's Veo3, and Kuaishou's models [6][7] - Hailuo AI is noted for its affordability, generating 17,000 1080p videos for 1,000 yuan, compared to ByteDance's 14,000 videos and Kuaishou's 5,000 videos [14] Group 2: Industry Trends - The AI video generation industry is seeing rapid advancements, with companies iterating on their models to enhance performance and user experience [16] - The market potential for AI video generation is significant, as evidenced by Kuaishou's reported quarterly revenue exceeding 150 million yuan from its AI tools [14][15] - The competitive landscape is evolving, with MiniMax's recent updates helping it regain a strong position in the market after initial setbacks [15][16] Group 3: User Experience and Feedback - Users have praised Hailuo 02 for its impressive physical motion effects, with some noting it accurately represents details like tears [8] - However, there are concerns regarding the reliability of AI video generation, as the success rate can vary, necessitating multiple attempts to achieve desired results [6][14]