Alibaba Group Likely to Become Key China AI Winner -- Market Talk

Dow Jones04-30 15:10

0710 GMT - Alibaba Group is likely to become a key China artificial intelligence winner with its comprehensive full stack offerings, from chips, infrastructure, model to applications, according to Morgan Stanley analysts in a research note. The company has been stepping up its AI development recently with the establishment of a AI-focused unit and key AI model launches and updates, they note. The newly launched Qwen3.6 has topped daily and weekly OpenRouter leaderboards, MS point out. MS values Alibaba's AI business Qwen at US$27 billion and expects it to generate US$1 billion in annual recurring revenue. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

April 30, 2026 03:10 ET (07:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment