Alibaba's flagship artificial intelligence (AI) model, Tongyi Qianwen, achieved a significant milestone by surpassing 1 billion series model downloads, reinforcing investor confidence in the company's aggressive AI strategy.
- Shares of Alibaba Group Holding Ltd (BABA) are trading up +3.10% at $167.43 following the reported momentum.
- This massive adoption metric is viewed as a major positive catalyst for the company's core platforms.