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

Alibaba has released Wan3.0, an AI model capable of producing 30-second video clips from text, images, and document files like PDFs or PowerPoints. Priced at $6 per high-definition clip, the tool represents a significant expansion of the company's generative AI portfolio. This launch follows a period of aggressive investment in artificial intelligence, which has contributed to a recent 75 percent decline in Alibaba’s quarterly profits. The release marks a strategic effort by the company to remain competitive against international rivals in the evolving video generation market.