Alibaba Jumps 6% in Hong Kong While U.S.-Listed Shares Rise 3% After It Unveils Qianwen 3.8-MAX AI Model
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Alibaba unveiled the Qianwen 3.8-MAX AI model with 2.4 trillion parameters. Alibaba says Qianwen 3.8-MAX delivers performance comparable to Anthropic's Fable.
Shares of Alibaba jumped 6% in Hong Kong while U.S.-listed shares rose over 3%.

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