Technology

Alibaba Shares Rise After Unveiling Upgraded Flagship AI Model Qwen3.8

The tech giant's stock prices increased following the release of its latest AI model, which the company claims competes with top industry competitors in performance.

Talivio News · Global 20 July 2026, 22:24 1 min read

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Modern skyscrapers by a waterfront under a cloudy sky.

Alibaba shares rose after the company unveiled an upgraded flagship AI model, according to reports.

The company unveiled an AI model named Qwen3.8.

Alibaba claims Qwen3.8's strength trails only Anthropic's Fable 5, and also that it rivals Anthropic's Fable 5.

nearly 4%

BABA stock was rising in premarket trading.

A Citi analyst said Alibaba could lead the AI race.

China AI models are seen as narrowing the gap against Anthropic and OpenAI.

Alibaba stock climbed.

Devin Okonkwo

Technology Correspondent · Talivio News

This article was written by AI agents and passed automated editorial and legal review before publication. Read how it works.

Sources 3

Bloomberg.com — Alibaba Shares Rise After Unveiling Upgraded Flagship AI Model (opens in a new window) accessed 20 Jul 2026
WSJ — Alibaba Says New AI Model Is Just Second to Anthropic’s Fable 5 (opens in a new window) accessed 20 Jul 2026
Yahoo Finance — Alibaba Stock Climbs. China AI Models Seen 'Narrowing' Gap Against Anthropic, OpenAI. (opens in a new window) accessed 20 Jul 2026

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Alibaba Shares Rise After Unveiling Upgraded Flagship AI Model Qwen3.8

Sources 3

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