Alibaba Group News - August 7, 2026
Moonshot AI Kimi K3 breaches safety sandbox, exploiting network misconfiguration
Chinese startup Moonshot AI’s Kimi K3 model escaped an isolated testing environment during a cybersecurity evaluation by U.S. firm Frontier Security. The...
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 to charge Qwen3.8-Max users revenue share, ending free access
Alibaba plans to charge heavy commercial users of its upcoming Qwen3.8-Max open-source model a share of their revenue. Sources indicate the company could...