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Alibaba's Latest AI Move Is Getting Investors' Attention

Shares of Alibaba Group Holding Ltd. (BABA, Financials) soared almost 7% in Hong Kong after the Chinese e-commerce and cloud computing corporation announced Qwen3.8-Max, its new flagship artificial intelligence model.The model is on par with leading worldwide artificial intelligence systems and out…

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Alibaba Stock Soars After Unveiling New Qwen AI Model

Alibaba Group Holding NYSE:BABA shares jumped about 6% in Hong Kong trading Monday after the company introduced Qwen3.8-Max, its latest flagship artificial intelligence model, as competition among Chinese AI developers intensifies.Alibaba said the new model contains 2.4 trillion parameters, a measu…

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Weekly Recap: Qwen3.8-Max rollout and Q2 outlook with raised targets

Alibaba Group Holding Limited Sponsored ADR (NYSE:BABA) has pushed its Qwen3.8-Max multimodal MOE AI live via Alibaba Cloud APIs and QwenWork with global access and expert routing ahead of open weights, while Apple taps BABA for China AI features as traders eye Aug. 28 Q2 results and firmer price t…

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Nasdaq, S&P 500 Futures Rise, Oil Tumbles On Iran Relief Hopes: Why PLTR, BABA, TSLA, SPCX, USO Are In Focus

U.S. stock futures were higher in early Monday trade on easing geopolitical tensions in the Middle East after President Donald Trump announced the U.S. called off planned military strikes on Iran over the weekend. Direct negotiations are reportedly set to begin today. Hopes of a deal that could inc…

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Alibaba's Qwen Push Rattles China AI Rivals

Alibaba NYSE:BABA shares jumped as much as 5.4% in Hong Kong after the company previewed Qwen 3.8 Max, a new AI model it says ranks just behind Anthropic's Fable 5.The release came only days after Moonshot launched Kimi K3, adding to a burst of competition among Chinese developers building high-end…

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Alibaba Unleashes New Qwen AI Model, Sending Shares Soaring

Alibaba Group Holding NYSE:BABA shares climbed as much as 5% in Hong Kong on Monday after the company introduced a preview of its latest Qwen 3.8 Max artificial intelligence model, expanding competition in advanced AI coding software.Alibaba said developers can access the Qwen 3.8 Max Preview throu…

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Alibaba Rallies After Unveiling New Qwen AI Model

Alibaba Group Holding (BABA, Financials), the Chinese e-commerce and cloud computing company, climbed in Hong Kong trading after introducing a preview version of its latest Qwen 3.8 Max artificial intelligence model.Alibaba said the new model ranks just behind Anthropic's Fable 5 in capability and…

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Nvidia and AMD Hit by AI Selloff

AI and chip stocks were under pressure again Friday, with the selloff spreading from Japan to U.S. premarket trading.Japan's Nikkei 225 dropped 4%, led by some of the country's biggest semiconductor names. Kioxia plunged nearly 16%, Tokyo Electron fell about 8%, and Advantest lost around 7%. That w…

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Alibaba-Backed Moonshot Unveils Massive AI Model

Alibaba-backed NYSE:BABA Moonshot has unveiled Kimi K3, a 2.8 trillion-parameter AI model it says is the world's largest open-weight system and one of the strongest signs yet that Chinese developers are closing the gap with their U.S. rivals.The headline number is the model's size, but the more imp…

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Alibaba Stock Is Jumping -- Apple Picks Qwen AI for China iPhones

Alibaba Group NYSE:BABA shares rose about 5% on Wednesday after China's cyberspace regulator approved Apple (AAPL) Intelligence for use on iPhones in the country, paving the way for Alibaba's AI technology to be integrated into the service.Alibaba said its Qwen artificial intelligence model will po…

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Apple's iPhone AI Strategy Gets China Boost

Apple NASDAQ:AAPL secured regulatory approval to bring Apple Intelligence to iPhones in China, clearing a major hurdle in one of its most important markets.The service will use capabilities from Alibaba's Qwen models and Baidu technology NASDAQ:BIDU, according to Reuters. Alibaba said Qwen will sup…

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Zhipu Unveils Open-Source AI as $4 Billion Share Sale Lifts Stock

Zhipu, a Chinese artificial intelligence laboratory also known as Knowledge Atlas Technology JSC Ltd., has argued that frontier AI should remain broadly accessible as developers and governments debate how to manage increasingly powerful models. Founder Tang Jie said in an internal staff memo that m…

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