Alibaba Shares Rally After Unveiling Qwen3.8-Max AI Model Amid U.S.-China Competition
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Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.
The company claims that Qwen3.8-Max rivals the best systems from U.S. frontier labs Anthropic and OpenAI, as well as domestic competitors like Moonshot AI's Kimi K3.
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“Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.”
CNBC — Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up“Chinese tech giant Alibaba released what it says is its largest and "most capable AI model to date," claiming performance rivaling the best systems from US frontier labs Anthropic and OpenAI, as well as domestic rivals like Moonshot AI's Kimi K3.”
The Verge — China’s Alibaba takes another swipe at America’s AI supremacy