Alibaba's $10 billion AI raise lands one day before Wan3.0 ships

Alibaba on Monday released its Wan3.0 AI video model. The tool turns documents, spreadsheets, slide decks, and web pages into 30-second clips, the company said in a post on WeChat.

The launch comes one day after Alibaba’s announcement of a $10 billion AI share sale.

Wan3.0 goes from beta to full rollout in three weeks

Alibaba Cloud said that Wan3.0 went into public beta on August 6. Since then, users have used it for short dramas, film production, advertising, tourism campaigns, and music videos.

A user simply has to feed the model existing material, a slide deck, or a spreadsheet and get a short video. This is for businesses that already produce documents and want them repackaged, not for hobbyists making clips from scratch.

ByteDance, the owner of TikTok, shipped Seedance 2.0 in February. The competing model produces video from text, images, or existing footage.

It wasn’t long before Disney issued a cease-and-desist order over the characters that appeared in user-made clips, as Cryptopolitan reported at the time.

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