Singapore Video Startup Founded By Tencent’s Former AI Head Bets Big On World Models
Fresh off an $80 million round from investors including AMD and Hyundai Motor, Video Rebirth is competing shoulder-to-shoulder with tech giants atop a major AI video leaderboard. Now it’s building a world model that can create real-time interactive 3D environments on the fly.
- Video Rebirth raised $80 million in Series B funding from AMD's venture arm and Hyundai Motor, valuing the startup at over $600 million.
- Founded by Tencent's former AI head Dr. Li Wei in 2023, the company builds transformer-based world models for real-time 3D environment generation.
- Its Phoenix-1 model ranks second on the AI video leaderboard, trailing only OpenAI's Sora but ahead of Meta's Emu Video.
- The startup has signed pilot deals with two major game studios and one autonomous vehicle company for its interactive 3D simulations.
- Video Rebirth plans to release a public API for its world model in late 2026 and is considering a Singapore IPO by 2027.
The company was founded in 2023 by Dr. Li Wei, who previously led Tencent's AI research division and oversaw the development of its video foundation models. Video Rebirth's core technology—a transformer-based world model—doesn't just create clips; it learns the rules of motion, light, and object interaction to produce 3D scenes that users can explore and change in real time. The $80 million Series B round, co-led by AMD's venture arm and Hyundai's mobility fund, values the startup at over $600 million, sources say.
Why now? The AI video space has exploded since the launch of OpenAI's Sora in early 2024, with Chinese startups like Kuaishou and Zhipu AI also racing to market. But world models represent a more ambitious leap: they aim to build an internal representation of the physical world that can predict consequences—a crucial capability for robotics, autonomous driving, and gaming. Video Rebirth's approach is to train its model on massive datasets of video and 3D scans, then distill that knowledge into a real-time engine.
Key details: The startup's leaderboard, run by a consortium of AI labs, currently ranks Video Rebirth's 'Phoenix-1' model as the second-best for video quality and consistency, just behind Sora but ahead of Meta's Emu Video. The company has already signed pilot agreements with two major game studios and an autonomous vehicle company. Its team has grown to 120 people across Singapore, Beijing, and Shenzhen.
Analysis: World models are a hotly contested concept in AI research. LeCun has promoted them as a path to common sense; Bengio calls them essential for safe AI. If Video Rebirth can deliver a production-grade world model that works in real time, it could unlock services from virtual prototyping to immersive education. The involvement of AMD suggests the chip giant sees a need for its GPUs in training and inference beyond just language models.
Outlook: Video Rebirth plans to release a public API for its world model later this year and is exploring a Singapore IPO in 2027. Key milestones to watch: whether Phoenix-1 can top the leaderboard, and whether its 3D environments meet the latency requirements for live interactive applications. If it succeeds, the startup could redefine how machines perceive and simulate reality.
Frequently Asked Questions
A world model is an AI system that learns an internal representation of the physical world, enabling it to predict outcomes and simulate realistic 3D environments in real time. Unlike standard video generators, world models understand physics, object interactions, and causality.
Video Rebirth was founded by Dr. Li Wei, the former head of AI at Tencent. He led Tencent's video foundation model research before starting the startup in Singapore in 2023.
Video Rebirth raised $80 million in Series B funding from AMD's venture arm and Hyundai Motor. The round values the company at over $600 million.
World models are used for real-time interactive simulations, robotics training, autonomous driving, game development, virtual prototyping, and education. They allow users to explore and modify 3D environments on the fly.
Video Rebirth competes with OpenAI's Sora, Meta's Emu Video, and Chinese startups like Kuaishou and Zhipu AI. It currently ranks second on the AI video leaderboard behind Sora.
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www.forbes.com
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