Reports: Meta Plans $200 BN AI Project| Alibaba Releases Wan 2.1 AI Model| The World Report

Meta News | Meta Platforms is reportedly discussing plans for a massive $200 billion data center project focused on AI. Potential locations include Louisiana, Wyoming, and Texas. This follows Meta CEO Mark Zuckerberg's announcement of a $65 billion AI infrastructure investment this year. In another development, Alibaba has made its AI model Wan 2.1, which generates images and videos from text, publicly available. The model includes four versions, with the largest processing 14 billion parameters for more accurate results. Available on Alibaba Cloud's ModelScope and HuggingFace, Wan 2.1 leads VBench's video generative model rankings. Watch The World Report for the latest updates.