Alibaba: Wan3.0 Generates 30 Seconds of AI Video for $6

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Key Takeaways

1Alibaba's quarterly profit has dropped by 75% year-on-year

2The company is increasing its spending on artificial intelligence

3Wan3.0 generates AI videos up to 30 seconds from text, image, PDF, or PowerPoint

4A 30-second clip in 1080p costs $6

💡Why it matters — Alibaba is investing in generative AI despite a significant decline in its profits.

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Alibaba's quarterly profit has dropped by 75% as the company increases its spending on AI. In this context, its video generation model Wan3.0 produces clips of up to 30 seconds from text, images, and documents, with a 1080p option priced at $6 for 30 seconds.

Quarterly profit down 75% and AI spending up

Alibaba's quarterly profit has fallen by 75% compared to the previous year. At the same time, the company is ramping up its spending on artificial intelligence.

Wan3.0: AI clips up to 30 seconds from text, images, and documents

Wan3.0 is the video generation system developed by Alibaba. This model allows for the production of videos up to 30 seconds long from texts, images, or documents, including PDF and PowerPoint formats. The price for a 30-second clip in 1080p is $6.

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