Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost

Key Points

PixVerse co-founder Jaden Xie spoke with CNBC in an exclusive interview about financing and AI slop.
The company released a new AI model for generating video in real time.
Xie predicts the interactive tech can transform how people watch shows and play video games.

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