Alibaba released a suite of artificial intelligence (AI) video generation models on Wednesday. Dubbed Wan 2.1, these are open-source models that can be used for both academic and commercial purposes.

Let me back up. YouTube Shorts is YouTube's TikTok knockoff competitor. Veo2 is Google's AI tool for generating videos. As of this week, you can use that AI to make clips for YouTube Shorts.

Every second of video that Google's Veo 2 generates from a text prompt will cost $0.50, potentially setting a new standard ...