Chinese Firms Race for Generative AI Access After Sinodata's Sora API Deal
- Chinese fintech firm Sinodata claims priority access to Sora API through Microsoft partnership
- Sinodata shares jumped 10% on news of potential early Sora access
- Chinese tech companies rushing to develop own text-to-video AI models
- Companies like Alibaba and Tencent expediting R&D into generative AI
- Multiple Chinese firms touting applications for generative AI like Sora