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Alibaba launches Wan3.0, its 30-second video model, days after raising $10bn

The Next Web

TechnologyThe Next Web·Aug 24, 2026·1 min read

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…

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