Alibaba's AI reasoning model drives shares higher
Alibaba Group's release of an artificial intelligence (AI) reasoning model, which it said was on par with global hit DeepSeek's R1, drove its Hong Kong-listed shares more than 8% higher on Thursday.
Alibaba shares jump 7% after unveiling latest DeepSeek contender
Alibaba Group Holding Ltd.’s stock surged the most in weeks after taking the wraps off a model that it claims performs as well as DeepSeek with just a fraction of the data required.
Alibaba’s New Model Adds Fuel to China’s AI Race
It reflects the broader competitiveness of China’s frontier AI ecosystem,” says Scott Singer, a visiting scholar in the Technology and International Affairs Program at the
AI Daily: Alibaba launches AI model on par with DeepSeek
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Alibaba shares jump on new open-source QwQ-32B reasoning model
Shares of Alibaba Group Holding Ltd. rose more than 8% today following the company’s release of a reasoning model with performance comparable to DeepSeek-R1. The new model, QwQ-32B, was open-sourced on Wednesday.
Alibaba Challenges AI Rivals with New Model, Stock Soars
B, its latest artificial intelligence reasoning model, claiming it outperforms OpenAI and Chinese startup DeepSeek. Following the announcement, Alibaba's Hong Kong-listed shares closed 8% higher, boosting the Hang Seng China Enterprises Index.
Alibaba Unveils AI Model To Rival DeepSeek
New AI contender. Chinese companies are continuing to make big strides in artificial intelligence, as Alibaba unveiled its latest reasoning model with fewer parameters than existi
Alibaba: Your Chance To Sell At The Top
Alibaba's stock soars on profit growth and Beijing's stimulus, but risks of correction emerge as valuation exceeds intrinsic ...
Why Alibaba, JD, and Other Chinese Tech Stocks Rallied Wednesday Morning
These companies are widely regarded as AI darlings in China. Alibaba's stock has surged 73% since its low in mid-January (as ...
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Alibaba takes over China’s top hypermart chain
BEIJING: Alibaba Group Holding Ltd will invest about US$3.6bil to double its stake in Sun Art Retail Group Ltd, taking control of China’s largest chain of hypermarts to try and fend off rivals ...
Alibaba shares soar 74% in 2025 amid the latest AI bet, DeepSeek rivalry. China stocks turning a corner?
Alibaba’s Hong Kong shares surged 74% in 2025, driven by AI expansion, strong earnings, and renewed government support. Its ...
3 China-Focused ETFs To Watch As Stronger Manufacturing Data, Stimulus Hopes Boost Sentiment
ETFs tracking Chinese stocks surged on 3/3 due to strong manufacturing data and expectations of stimulus. Alibaba and tech ...
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China’s Alibaba to invest $50 billion in AI, cloud computing
Beijing, China — Chinese tech giant Alibaba said Monday it will spend more than $50 billion ... and shunning the ...
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Alibaba shares in US fall most since October 2022 as Trump order stirs China trade angst
US President Donald Trump directed the committee on Foreign Investment in the US to limit Chinese spending on technology and ...
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Alibaba Expands AI Push With New QwQ-32B Model Taking on DeepSeek In China's AI Race
On Thursday, Chinese e-commerce juggernaut Alibaba Group Holding BABA launched a new ... initiatives will expand usage of AI in China. Beijing plans to issue 1.3 trillion yuan ($179 billion ...
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Alibaba commits $50bn to AI and cloud amid Jack Ma’s return to the spotlight
Alibaba has branched out from its original B2B e-commerce roots, developing thriving logistics arms and financial spin-offs ...
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Alibaba's Stock Surges on AI Breakthrough: ETFs in Focus
Alibaba Group Holding Ltd. BABA experienced its biggest stock surge in weeks after introducing the QwQ-32B model, an AI system that rivals DeepSeek but requires only a fraction of the data. Alibaba – ...