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Alibaba Hong Kong Shares Rise As 1-Trillion-Parameter Qwen-3-Max AI Model Debuts—To Challenge OpenAI, Google - Alibaba Gr Hldgs (NYSE:BABA)

Alibaba's Qwen-3-Max-Preview features over one trillion parameters, outperforming prior models in internal tests as part of a $52 billion AI investment plan.

Summary by Benzinga
Alibaba Group Holding Limited (NYSE:BABA) (OTC:BABAF) shares climbed 2.4% to HK$140.60 ($18.05) on the Hong Kong Exchange on Tuesday, building momentum after the Chinese tech giant unveiled its most advanced artificial intelligence model to compete with OpenAI and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG). Qwen-3-Max AI Model Breakthrough The Hangzhou-based company introduced Qwen-3-Max-Preview on Friday, featuring over 1 trillion parameters in…

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The Chinese tech giant Aliba has intensified its approach to artificial intelligence (IA) by presenting its most advanced and robust language model up to date: it's called Qwen-3-Max-Preview and has 1 billion parameters!...

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Dataconomy broke the news in on Monday, September 8, 2025.
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