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Tuesday, 21 July 2026
Technology

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

Talivio News · Global 1 min read
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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.

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Sources

  1. google.com — Alibaba Shares Rise After Unveiling Upgraded Flagship AI Model (opens in a new window)
  2. google.com — Alibaba Says New AI Model Is Just Second to Anthropic’s Fable 5 (opens in a new window)
  3. finance.yahoo.com — Alibaba Stock Climbs. China AI Models Seen 'Narrowing' Gap Against Anthropic, OpenAI. (opens in a new window)
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