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China’s Alibaba releases Wan3.0 AI video model in public beta with 30s clips, multimodal inputs

China's technology giant Alibaba has launched a public beta of Wan3.0, an AI video generation model supporting clips of up to 30 seconds and multimodal inputs including text, image, video, audio, web pages, PDFs, and PowerPoint presentations.

AI video generation platform PixVerse raises $439M Series C to build real-time interactive worlds, game engine

PixVerse, a global AI video generation platform with over 150 million users across 177 countries, has completed a Series C extension bringing total Series C fundraising to $439 million, following strong interest from international investors across media, entertainment, and technology.