Alibaba launches Wan3.0, which turns business documents into 30-second videos · cho.sh
Alibaba launches Wan3.0, which turns business documents into 30-second videos
AI video model releases
Alibaba launches Wan3.0, which turns business documents into 30-second videos
Alibaba Cloud released Wan3.0, an AI video-generation model that creates videos up to 30 seconds long from documents, spreadsheets, slides, and web pages.
Alibaba said Wan3.0 had been used for short dramas and films, advertising and marketing, tourism promotion, and music videos since its August 6 public beta.
The release followed Alibaba's announced $10 billion share placement, which the company said would fund growing AI spending.
Alibaba reported that quarterly earnings fell 75% year over year last week, attributing the decline to rising AI-related capital expenditure.