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AI video leader iSight and China Ruyi reach strategic cooperation.
AI video generation company Aishike Technology has entered into a strategic partnership with Hong Kong-listed company China Ruyi, securing a strategic investment of US$14.2 million. The two companies will jointly explore innovative applications of AI technology in film and television production, the streaming platform Pumpkin Movie, and gaming, focusing on developing film and television visual design, visual effects production, and intelligent generation of promotional materials. Aishike Technology will obtain licenses for high-quality copyrighted content from China Ruyi and will collaborate on the research and development of multimodal intelligent agent technology.