Alibaba Group Holding (BABA) Is Up 9.0% After Launching Open-Weight Qwen3.8-Max AI Model - What's Changed
Alibaba recently unveiled Qwen3.8-Max, a 2.4 trillion-parameter AI model that it claims matches leading global systems and plans to release as open weights for developers worldwide. This move ties Alibaba's core cloud and AI efforts more tightly to the global open-source ecosystem, potentially increasing …