Alibaba released Wan3.0, a video generation model that produces 30-second clips directly from documents, spreadsheets, slide decks and web pages, after a public beta that began on 6 August. Alibaba Cloud says it has already been used for short films, advertising, tourism marketing and music videos. The launch follows a $10 billion share sale to fund AI infrastructure, which sent the shares down 8.1% in Hong Kong.
What changed
Wan3.0 had been in public beta since 6 August.
What it unlocks
Turning a document, spreadsheet, slide deck or web page into a short video without a separate production step.
- 30-second videos generated
- $10 billion share placement
- 45% rise in AI cloud revenue
What you need to act on it
- Alibaba Cloud access
Sources