Alibaba launches Wan3.0 AI video model after $10 billion share sale

Economic Times TechAugust 24, 2026en

The new model ​can generate 30-second videos from documents, spreadsheets, slides ​and web pages, Alibaba Cloud said in a post on ​the WeChat platform. ⁠Alibaba said ‌Wan3.0 had been ​used in ​short drama and ⁠film production, advertising and marketing, tourism promotion ​and music video creation since a ​public beta version was launched on August 6.

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