Technology
ALIBABA LAUNCHES WAN3.0 AI VIDEO MODEL AFTER $10.2B SHARE SALE
BullishTechnology
Alibaba has launched its latest AI video generation model, Wan3.0, which can create 30-second videos from various inputs like documents and web pages. The rollout follows the company's recent HK$80 billion ($10.2 billion) share placement, the proceeds of which are intended to fund investments in AI chips, infrastructure, and models amid intensifying global competition.
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