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.
Alibaba, the Chinese tech giant, has unveiled its latest AI model, Qwen3.8-Max, which it claims rivals the performance of the top AI systems from US frontier labs Anthropic and OpenAI. This move comes amidst escalating tensions in Silicon Valley and Washington over AI supremacy. Alibaba's release of Qwen3.8-Max, made widely available to users on Monday, follows a preview of the model earlier this month, where the company had claimed it was second only to Fable 5, Anthropic's flagship model.
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