Announcements from major AI and technology award organizations

Tencent's HunyuanVideo: Open-Source AI Model with 13B Parameters Outperforms Rivals

Dec 3, 2024, 11:23 AM

Tencent has released HunyuanVideo, an open-source AI model for video generation, marking a significant advancement in the field. With 13 billion parameters, it is one of the largest and most parameter-rich models available in the open-source domain. HunyuanVideo is designed to generate high-quality, production-ready videos from text inputs, offering capabilities such as avatar animations, video-to-sound generation, and dynamic scene modeling. It has been noted for its stunning output quality, surpassing existing models like Runway Gen-3 and Luma in performance. The model's architecture includes advanced features like MLLM Text Encoder and 3D VAE, allowing for realistic video content with high physical accuracy. Tencent's release of HunyuanVideo is seen as a move to reshape the video creation landscape, providing an open-source alternative to closed-source models.