Alibaba Unveils Wan3.0, Elevates AI Game Post $10.2bn Raise!
Hamid Siddiqui
News
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Alibaba has launched Wan3.0, enhancing its video generation capabilities with 30-second clips and 1080p resolution. This update follows a $10.2 billion fundraising dedicated to AI. Wan3.0 stands out by accepting web pages and documents as input. Targeting marketing teams, it competes on pricing but remains unbenchmarked. The beta access is selective, while profits dipped amid rising capital expenditures.