Market Chatter: Alibaba to Launch New AI Agent Tool

MT Newswires Live16:58

Alibaba Group Holding (BABA) is planning to release a new AI agent product for companies, Bloomberg reported Monday, citing unnamed people familiar with the matter.

The new tool, based on the company's Qwen model, can help firms operate computers, browsers and cloud services, sources told Bloomberg.

The product may be unveiled as soon as this week, according to the report.

Alibaba did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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