New AI Model Before EarningsAlibaba's stock got a boost after it unveiled its new AI model, Qwen2.5-Max. This advanced model can be used directly through Qwen Chat or via API on Alibaba Cloud, highlighting the company's push to enhance its cloud services.
Reports show that Qwen2.5-Max outshines other leading AI models in key areas, which has investors excited. They see this as a smart move that could strengthen Alibaba's position in the growing AI market and add value to its cloud computing business.
I liked to see BABA ride back up after a solid earnings and AI reveal details back to +$100.