Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

Source: Biztoc.com· cnbc.com· August 3, 2026
Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

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. Qwen3.8-Max, which is scheduled for release next week, boasts 2.4 trillion parameters, making it one of the "most powerf…

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