Alibaba Launches Wan3.0 AI Video Model After $10 Billion Share Sale
The model accepts PDFs and PowerPoint files and is priced at $0.20 per second at 1080p, targeting business users as access widens.
- On Monday, Alibaba Group launched Wan3.0, an AI video model that accepts documents including PDFs and PowerPoint files as input alongside text and images.
- Alibaba recently raised roughly $10.2 billion in a Hong Kong share placement, marking a strategic shift from open-sourcing its Wan2.2 model toward monetizing AI infrastructure.
- Generating clips of up to 30 seconds at resolutions up to 1080p, Wan3.0 maintains character detail, spatial layout, and motion graphics steady across the full video length.
- Pricing for Wan3.0's top tier reaches $12 a minute, compared to Google's Veo 3.1 at $0.40 per second, positioning Alibaba competitively in the video generation market.
- Targeting marketing and corporate communications teams, Wan3.0 faces price pressure from an Indian startup recently shipping video models at half a cent per second.
13 Articles
13 Articles
Alibaba officially launched on Monday (24) its latest artificial intelligence video generation model, Wan3.0, with enhanced resources, after the Chinese internet giant has launched a stock issue worth US$10 billion to finance rising AI spending. The new model is capable of generating 30-second videos from documents, spreadsheets, presentations and web pages, informed Alibaba Cloud in a publication on the WeChat platform. Alibaba reported that Wa…
Alibaba launches Wan3.0, its 30-second video model, days after raising $10bn
Alibaba has launched Wan3.0, the latest version of its video generation model, days after raising roughly $10.2bn in a Hong Kong share placement whose proceeds it has earmarked entirely for AI. The sequencing is not subtle, and it is not meant to be, since the company has spent the past fortnight arguing to investors that its capital […] This story continues at The Next Web
Alibaba launches Wan3.0 video model with 30-second generation and document input · TechNode
Alibaba Cloud has officially launched Wan3.0, a video-generation model that can create clips of up to 30 seconds and accept files including DOC, XLS, PPT, PDF and Markdown documents as inputs. The model had been available in public beta since early August. Alibaba Cloud said it has continued to improve instruction following, consistency across shots and audio quality. From Aug. 24 to Sept. 23, selected platforms will offer a temporary 30% discou…
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