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

The logo of Alibaba Group is lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang Purchase Licensing Rights, opens new tabBEIJING, Aug 24 (Reuters) - Alibaba (9988.HK), opens new tab officially rolled out its latest AI video generation-model ​Wan3.0 on Monday with enhanced ‌capabilities after the Chinese internet giant launched a $10 billion share placement to fund ​rising AI spending.Get a daily digest of breaking business news straight to your inbox with the Reu...

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