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Alibaba Shares Rise 5.4% After Unveiling Upgraded Qwen3.8 Max AI Model

Product·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Alibaba Group Holding Ltd. shares rose as much as 5.4% on Monday after the company launched a preview version of its flagship Qwen3.8 Max model, describing it as second only to Anthropic PBC’s Fable 5.

U.S.-listed Alibaba Group stock climbed after the Chinese tech giant touted its latest AI model as trailing only Anthropic.

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