Alibaba Group News - August 2026
Chinese Labs Sweep Video AI Rankings, Securing Nine Top Global Spots
Chinese AI labs now hold nine of the world’s top ten text-to-video generation models, according to research firm Artificial Analysis. ByteDance and Kuaishou...
Alibaba's Biggest AI Model Yet Is Lifting the Stock — But Can Cloud Revenue Justify the Burn Rate?
Shares of Alibaba surged 4.8% to $128.06 after the company launched its largest-ever artificial intelligence model — a system capable of understanding text,...
🟢 Alibaba Group is trading 4.8% up today after launching its new Qwen3.8-Max AI model
Alibaba Group is trading 4.8% up at $128.06 after unveiling its new Qwen3.8-Max multimodal AI model, a move that has significantly bolstered investor optimism...
Alibaba Launches Qwen3.8-Max AI Model, Sending Hong Kong Shares Up 6%
Alibaba Group launched Qwen3.8-MAX, its latest flagship multimodal AI model. The company's Hong Kong-listed shares rose 6% following the announcement. The new...
Alibaba's 20,000-Chip Cloud Deal Cements Its AI Kingmaker Role in China — But Can It Turn Computing Power Into Lasting Profit?
Shares of Alibaba surged 3.6% to $120.55 after Bloomberg reported that Chinese AI startup Moonshot secured access to roughly 20,000 Nvidia chips through...