Alibaba's Wan3.0 generates AI videos up to 30 seconds long from text, images, and documents

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Alibaba's video generation model Wan3.0 creates clips up to 30 seconds long from text, PDFs, and PowerPoint files. A 30-second 1080p clip costs $6. Alibaba's quarterly profit dropped 75 percent year-over-year as the company ramps up AI spending.
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