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Alibaba shares rise on new AI models
Alibaba has launched its latest artificial intelligence model, "Qwen 3.8 Max," which is among its most powerful to date. It features 2.4 trillion parameters and supports a context window of up to one million tokens, enhancing its ability to understand and process vast amounts of information simultaneously. The model demonstrates exceptional performance in programming tasks, visual content analysis, conducting research, and handling long-term projects, achieving results that surpass or match other models such as "Viable 5." These advancements have led to a rise in the company's stock prices on the New York and Hong Kong stock exchanges, increasing by 4.5% and 7%, respectively. The model's capability to perform complex tasks like document review, code development, and long-term document analysis further solidifies Alibaba's position in the race among Chinese tech companies to excel in artificial intelligence and technology.
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