In the first half of 2026, Sora was shut down due to commercialization difficulties, while China's AI video track saw a historic inflection point. From the launch of PixVerse R1, the world's first 1080P real-time world model by Aishi Technology in January, to ByteDance's Seedance 2.5 refreshing industrial-grade video generation standards in July, the industry collectively broke through the core pain points of long-sequence generation, subject consistency, and real-time editing, entering a new stage of industrial availability. Capital has shifted from paying for technical stories to pricing clear scenario closed loops and predictable growth curves, with the financing pace of leading enterprises accelerating. Three distinct technical routes have emerged: industrialized tools, real-time interactive world models, and open-source inclusive technologies. These correspond to different judgments on AI video's final form and push players into different commercial battlefields. Previously, generated characters deformed while walking, clothes changed color, and videos distorted beyond 5 seconds, but the industry has now crossed the technological watershed. With capital ammunition ready, the real competition has just begun, as players sprint towards different end states.