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Sign InAlibaba Group has officially confirmed its role as the developer behind the high-performing HappyHorse-1.0 AI model, strengthening its position in the global tech market. The model recently achieved the top position in global rankings for text-to-video and image-to-video generation on the Artificial Analysis benchmarking platform. Initially appearing anonymously on April 7, the model's true identity remained a secret until its recent official unveiling. This breakthrough underscores Alibaba's growing technical prowess in the competitive generative AI sector, positioning it as a formidable rival to Western leaders like OpenAI. Investors view this development as a positive signal for Alibaba's stock (BABA), reflecting the company's ability to innovate in high-growth technology markets. The success of HappyHorse-1.0 highlights the rapid advancement of Chinese AI capabilities on the global stage.