Alibaba Previews Next-Generation Qwen AI Model; Shares Up 4%

MT Newswires Live07-20 15:23

Alibaba (HKG:9988) previewed its next-generation artificial intelligence model, Qwen3.8-Max-Preview, according to an X post on Sunday.

The Chinese technology company said the model, with 2.4 trillion parameters, is available through its Token Plan subscription service and its Qoder and QoderWork AI agent platforms.

Alibaba said Qwen3.8-Max-Preview is "one of the most powerful models available today," comparable to leading frontier AI models and second only to Anthropic's Claude Fable 5.

Shares of the firm were up nearly 4% in Monday's recent trade.

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