Alibaba Unveils Qwen3.8-Max: Its Most Powerful AI Model Yet as Shares Rally
Shares rise as it rivals Anthropic’s Fable 5.
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Alibaba’s Qwen 3.8 Max Challenges AI Frontier as Chinese Models Surge
Alibaba’s new 2.4T-parameter Qwen 3.8 Max claims second place behind Anthropic’s Fable 5. Shares surged as China’s AI race intensifies with Moonshot’s Kimi K3.
Apple Intelligence Finally Gets Green Light in China, Boosting Upgrade Hopes
Powered by Alibaba’s Qwen model, the AI features — including upgraded Siri — are set to launch this fall with iOS 27 for Chinese users.
Chinese Tech Surge: Alibaba Leads Hang Seng Tech Rally on Accelerating Cloud Growth
Strong Cloud revenue outlook and narrower Taobao losses drove the surge, lifting the Hang Seng Tech Index 5%.
China’s Instant Grocery Battle Intensifies as Alibaba Bids $1.5 Billion for Pupu
The move intensifies competition with Meituan in China’s instant grocery delivery market.
China E-Commerce Stocks Sink as Beijing Cracks Down on 618 Discount Wars
Beijing targets misleading 618 deals by JD, PDD, Alibaba; stocks fall as regulators curb subsidy wars and unclear discounts.