Alibaba Releases Wan 3 Video Model; Nvidia Eyes Perplexity Stake

Alibaba has officially launched its Wan 3 video model. Concurrently, Nvidia is negotiating an investment in Perplexity, which is currently valued at over $30 billion. Xiaomi has unveiled its 3nm Xuanjie O3 processor, and smart ring manufacturer Oura is preparing for an IPO aiming to raise up to $3 billion.