Fotor Launches One-Stop AI Long Video Platform Clipfly

Translated data: The image editing platform Fotor has officially launched Clipfly, a one-stop AI long-video platform that integrates various AI video generation, enhancement, and editing features to assist users in completing the entire video production process. Clipfly's design philosophy simplifies the video production workflow and combines open-source models to improve the quality of video clips. After six months of development, Clipfly has officially gone live, becoming a global one-stop AI long-video production platform. Meanwhile, AI enterprise software company Jasper has successfully acquired the ClipdropAI image platform, expanding its market share in the AI image processing field, and StabilityAI has alleviated financial pressures.

xAI upgrades Imagine Video 1.5: New Image and Voice Reference Features, and Native 1080p Video Generation

xAI upgrades the video model Imagine Video 1.5 with new image reference, voice reference, text-only video generation, and native 1080p output, enhancing character consistency and scene control. Text-to-video and 1080p features are now available on all platforms of Grok Imagine. Image and voice references are first available to US SuperGrok Heavy/Plus users, with broader coverage planned for the future.

Kling AI Secures $3 Billion in Funding, Valuation Reaches $18 Billion, Setting a Record for Video AI Model Fundraising

On July 2, Kuaishou's Kling AI raised nearly $3 billion, reaching an $18 billion post-investment valuation and setting a global record for video large model funding. Co-led by CPE, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, the round officially launches its independent commercialization.....

The Rumors of Qilin AI's Financing Resurface: The Capital Struggles Behind a $18 Billion Valuation

The AI video generation platform Qilin AI, under Kuaishou, has been reported to be about to complete its first independent round of financing, with a scale of $3 billion and a post-money valuation of around $18 billion. Although Kuaishou has not commented, the news has triggered high market attention. Since the split was first reported in May 2026, the platform's valuation expectations have remained in a state of fluctuation and negotiation.

xAI Launches Grok Imagine Video 1.5: Turn a Single Image into a Video in Seconds, Facing Competition from Google Veo

xAI released the preview version of Grok Imagine Video 1.5, entering the AI video generation market. The model can convert a single static image into a short video, supporting output at 720p resolution. After users upload an image, they can describe the camera movement, visual rhythm, and atmosphere through text prompts. The model retains the original image details, lighting, and style, generating a natural and smooth dynamic video.

Grok Build 0.2.7 Major Update: /usage and /login Now Available, Multi-Sub-Proxy Shared Terminal + Significant Enhancement in Image Understanding

xAI's AI coding tool Grok Build releases version 0.2.7, focusing on optimizing user management and multi-proxy collaboration experience, improving image processing capabilities and cross-platform usability. The new /usage command allows viewing usage and quotas within the terminal, while the /login feature simplifies login authentication and account switching, providing developers with a smoother local coding workflow.