Alibaba-Xinhua venture makes the news for video-hungry Chinese

Company uses cloud-based AI technology to generate quick clips

20210604 Xinhua Zhiyun avatar

A Xinhua Zhiyun avatar reports on people needing to show proof of COVID-19 status. (Screenshot from Haokan Video)

CK TAN, Nikkei staff writer

HANGZHOU, China -- Chinese, like their peers elsewhere, are getting more and more of their news via videos. At the same time, the country's news organizations are under increasing financial pressure as advertisers shift their purchasing to top online platforms like those of Tencent Holdings.

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