The global creator economy is valued at about $156 billion today and is projected to exceed $500 billion by 2030, growing at roughly 22.5% annually. More than 50 million people worldwide identify as creators, with annual growth of about 10–20%. YouTube pays creators 55% of ad revenue, with ad RPMs typically ranging from $1.61 to…
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In June 2025, MiniMax’s Hailuo released the Hailuo-02 model that sparked the Cat Olympics trend with viral clips of cats performing Olympic dives. The Hailuo-02 model delivers native 1080p HD video output (1920×1080) with 5–10 second clips and richer scene dynamics via prompt-based camera effects. Hailuo originated as a free research demo in 2024 and…
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PixVerse released V4 in February 2025 and V4.5 on May 15, 2025, adding cinematic camera controls and a multi-element fusion system. The mobile PixVerse app rose to #1 in the US App Store’s Photo & Video category and #4 overall within days of the V4.5 launch. In June 2025, PixVerse launched Pai I, a Chinese…
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