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Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.

Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

Published August 3, 2026 · Category: Finance

Overview

Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.

Source

Originally published at www.cnbc.com.

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