Alibaba plans to raise about $10.2 billion through a Hong Kong share placement, with all net proceeds earmarked for AI capabilities and infrastructure.
Alibaba releases Qwen3.8-27B, expanding its open-weight AI strategy with a smaller model aimed at local hardware, coding and professional workflows.
Alibaba has launched Qwen3.8-Max, its most advanced AI model, claiming breakthrough performance as competition with leading US AI companies intensifies.
Alibaba has unveiled a preview of its flagship Qwen3.8 AI model, positioning it among the world's most advanced large language models.
Goldman Sachs has identified China's leading AI models, highlighting Alibaba Qwen, DeepSeek and GLM as competition with US AI developers intensifies.
Alibaba unveils open-source Qwen3.5-9B AI model that delivers competitive benchmark performance while running efficiently on modest hardware systems.
China now leads globally in downloads of open-source AI models, marking a shift in the balance of influence in AI development and diffusion.
AWS adds Alibaba’s Qwen3 and DeepSeek V3 to its Bedrock platform, expanding enterprise access to advanced AI models for global business applications.
Alibaba launches Qwen 3.5 Coder, its most advanced open-source AI model for coding, supporting 10+ languages and large-scale programming tasks.
