Alibaba Group previewed its new artificial-intelligence model in the latest sign that China is fast closing the gap with the U.S. for global technological dominance.
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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...
(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
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Investing.com -- ZTE Corp. (HK:0763) unveiled a range of smartphones with integrated artificial intelligence services, joining Chinese manufacturers seeking to make agentic AI a central part of mobile operating systems, Bloomberg reported.
Moonshot's Kimi K3 tops coding charts and hits chip stocks as investors question America's AI lead over China.
The latest trading day saw Alibaba (BABA) settling at $114.97, representing a -2.14% change from its previous close.
In early 2025, the release of DeepSeek’s R1 artificial-intelligence model sent tech stocks sliding. Moonshot AI, the Chinese lab backed by Alibaba Group on Thursday released its newest model, dubbed Kimi-K3. The model outperformed its most advanced peers from Anthropic and OpenAI across an array of coding tasks, according to model evaluator Arena AI.
Kimi K3 challenges assumptions about the technology gap
Moonshot claims Kimi K3 narrowed the performance gap with leading U.S. models and outperforms several competing systems on coding and agentic AI benchmarks.
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China approves Apple Intelligence using Alibaba's Qwen model, boosting optimism for internet stocks and AI-driven growth.
Palantir's CTO says Chinese AI models may rely on distillation attacks and urges stronger protection of U.S. AI intellectual property.
Apple recently secured approval from China’s Cyberspace Administration to roll out its Apple Intelligence generative AI services, integrating Alibaba’s Qwen and Baidu technology across iOS, iPadOS, macOS, and visionOS devices in the country. This clearance gives Apple a way to embed locally compliant AI into its ecosystem in the world’s largest smartphone market, potentially reinforcing user stickiness against premium rivals like Huawei and Xiaomi. We’ll now examine how gaining regulatory...
BABA is down 19.7% YTD as profit pressure, rising AI spending and legal overhangs cloud the outlook despite a recent July rebound.
Investing.com -- Morgan Stanley analyst Erik Woodring said in a note to clients on Thursday that China's approval of Apple Intelligence represents a key catalyst for Apple, calling it a development that "should level the AI playing field in China" ahead of the company's first foldable iPhone launch.
Alibaba and Baidu are joining with Apple as it rolls out generative artificial-intelligence features across devices in China.