https://www.live-feeds.com/feed/alibaba-launches-wan3-0-ai-video-model-after-10-billion-share-saleContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/alibaba-launches-wan3-0-ai-video-model-after-10-billion-share-salehttps://www.live-feeds.com/feed/alibaba-launches-wan3-0-ai-video-model-after-10-billion-share-sale#u48973Wed, 26 Aug 2026 08:31:09 +0000Alibaba has released Wan3.0, an advanced AI video generation model, following a $10.2 billion share placement designed to fund its AI investments. The company's stock price dropped after the announcement of the share sale. To further support AI funding, Alibaba reduced its share buyback program by 80%. While the company faces earnings challenges and rising competition, top executives have purchased $15 million in shares following the placement. Michael Burry reported selling his position in the company, claiming the stock was pricey before the sale.Why it mattersAlibaba is expanding its A