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

  • Posted on August 3, 2026
  • By CNBC
  • 0 Views
  • 1 min read
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Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up
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.
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CNBC

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