Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available - or open source - in a move likely to increase its uptake and intensify competition in AI.

Chinese tech giant Alibaba has released Wan 2.1, its open-source video foundation model, along with the code and weights. The model can generate videos with complex motions that accurately simulate real-world physics.

Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the Chinese tech giant said in a post on X on Tuesday. The company will hold a live press conference for the official release at 11:00 pm Beijing Time (1500 GMT),

Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.

Alibaba (NYSE:BABA) has made an open-source version of its video and image-generating AI model, Wan 2.1. This move is part of the company's efforts to enhance its presence in the competitive AI market.

Alibaba has made its latest artificial intelligence model for video and image generation, Wan 2.1, publicly available, a move that is expected to accelerate adoption and intensify competition in the AI space.