Alibaba Jumps 6% in Hong Kong While U.S.-Listed Shares Rise 3% After It Unveils Qwen 3.8-MAX AI Model

Tiger Newspress10:43

Alibaba unveiled the Qwen 3.8-MAX AI model with 2.4 trillion parameters. Alibaba says Qwen 3.8-MAX delivers performance comparable to Anthropic's Fable.

Shares of Alibaba jumped 6% in Hong Kong while U.S.-listed shares rose over 3%.

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