Release2026-08-24

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

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