HK Stock Market Move | BABA-W(09988) rose over 4% during trading hours. Alibaba's "Wanxiang" large model officially open source.

BABA-W(09988) rose more than 4% during trading hours, as of press time, it rose by 4.06% to 135.9 Hong Kong dollars, with a turnover of 53.2 billion Hong Kong dollars. On the news front, according to e company news, on the evening of February 25, Alibaba Cloud released the open source of the visual generation base model Wanxiang 2.1 (Wan). This open source release adopts the most lenient Apache 2.0 license. All inference codes and weights of the two parameter specifications 14B and 1.3B are open source, and support both text-based video and image-based video tasks. Global developers can download and experience it on Github, HuggingFace, and Moda Community. It is introduced that the 14B Wanxiang model performs outstandingly in instruction compliance, complex operation generation, physical modeling, text video generation, etc. In the authoritative evaluation set VBench, Wanxiang 2.1 significantly surpasses domestic and foreign models such as Sora, Luma, Pika, and ranks top with a total score of 86.22%. The test results of the 1.3B version not only surpass larger open source models, but also approach some closed-source models, and can run on consumer-grade graphics cards, generating high-quality videos with only 8.2GB of memory, suitable for secondary model development and academic research.