Text‑to‑video market fragments internationally

New reports identify Alibaba as the team behind the previously mysterious 'HappyHorse' text‑to‑video model, while other players face setbacks—OpenAI reportedly dropped Sora for strategic reasons and ByteDance paused Seedance 2.0 amid copyright issues. The result is a fractured landscape where top video models come from different regional champions and legal/compute limits, complicating cross‑platform workflows (sherwood.news / crypto.news)