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Alibaba (NYSE:BABA) Launches Qwen3.8 Max As Moonshot Widens AI Developer Access
Simply Wall St.24d agoneutral
Alibaba (NYSE:BABA) Launches Qwen3.8 Max As Moonshot Widens AI Developer Access

Alibaba Group Holding (NYSE:BABA) has introduced its flagship Qwen3.8 Max AI model, presented as competitive with leading global systems and intended for open-weight release. Moonshot AI, supported by Alibaba, has launched its Kimi-K3 model, which is reported to outperform some U.S.-based models on coding benchmarks. Both Alibaba and Moonshot AI are taking steps to widen access for developers, aiming to attract broader adoption of their AI technology. Alibaba is best known for its...

Bloomberg24d agoneutral
Alibaba’s Qwen Unveils Preview of Flagship AI Model

(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops

Alibaba (BABA) Launches $1.5 Billion Pupu Bid As Meituan Rivalry Heats Up
Simply Wall St.50d agoneutral
Alibaba (BABA) Launches $1.5 Billion Pupu Bid As Meituan Rivalry Heats Up

Alibaba Group Holding (NYSE:BABA) has launched a $1.5b bid for grocery delivery firm Pupu. The offer puts Alibaba in direct competition with Meituan, which has been expanding in fresh produce and local commerce. The move follows Meituan's purchase of Dingdong Fresh and intensifies pressure on rivals including JD.com. Alibaba Group Holding, trading at $104.97, is leaning harder into local commerce at a time when its stock has seen mixed recent performance. The shares are down 6.7% over the...

Alibaba (BABA) Unveils Zhenwu M890 AI Chip for Autonomous Agents
Insider Monkey81d agoneutral
Alibaba (BABA) Unveils Zhenwu M890 AI Chip for Autonomous Agents

Alibaba Group Holding Limited (NYSE:BABA) is one of the best low risk stocks to buy in 2026. On May 20, Alibaba Group unveiled its new Zhenwu M890 AI chip, developed by its T-Head subsidiary to provide a domestic alternative to Nvidia processors amid tightening US export curbs. The chip offers three times the performance of […]

Alibaba unveils new AI chip as Nvidia access remains stalled
AFP84d agoneutral
Alibaba unveils new AI chip as Nvidia access remains stalled

Tech giant Alibaba released on Wednesday a new artificial intelligence chip it said performed three times as well as its predecessor, showcasing growing domestic chipmaker prowess as US titan Nvidia struggles for access to China.Alibaba said its new chip, Zhenwu M890, can deliver three times the performance of its predecessor Zhenwu 810E, which is widely believed to match the capabilities of Nvidia's H20. 

Alibaba unveils new AI chip in push for domestic alternatives
Reuters85d agoneutral
Alibaba unveils new AI chip in push for domestic alternatives

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to ‌Nvidia processors amid tightening U.S. export curbs. The chip, developed by Alibaba's semiconductor design subsidiary ‌T-Head, delivers three times the performance of its predecessor, Zhenwu 810E. Alibaba said the new processor is well-suited to handle the heavy memory and communication demands of agent workloads, where models must retain long stretches of context and coordinate with one another in real time.

Jack Ma-Backed Insurer Yunfeng Financial Launches Gold Token
Benzinga91d agoneutral
Jack Ma-Backed Insurer Yunfeng Financial Launches Gold Token

Yunfeng Financial is leveraging its strong balance sheet and a strategic ether reserve to turn physical assets into a digital financial tool for professional investors in Hong Kong image credit: Bamboo Works Key Takeaways: Yunfeng Financial has launched a digital token backed by gold bullion for professional investors in Hong Kong on its Yunfeng Youyu platform The company is leveraging capital reserves from its core insurance business to power a new model aimed at turning gold bullion into a liq

Alibaba Group Holding (NYSE:BABA) Valuation Check As AI Launches And Analyst Upgrades Refocus Attention
Simply Wall St.93d agobullish
Alibaba Group Holding (NYSE:BABA) Valuation Check As AI Launches And Analyst Upgrades Refocus Attention

Alibaba Group Holding (BABA) is back in focus as a cluster of analyst upgrades intersects with fresh AI product rollouts, including warehouse robots and conversational shopping tools embedded across its core ecommerce platforms. See our latest analysis for Alibaba Group Holding. Alibaba’s recent AI launches and analyst upgrades come after a 10.0% 1 month share price return and a 5.1% gain over the past week. However, the stock is still down 10.1% year to date, while the 1 year total...