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02.04.26 - 15:12
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Chinese AI giants pivot toward proprietary models to drive revenue, performance (SCMP)
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Chinese companies including Alibaba Cloud and Zhipu AI have opted not to open-source some of their latest artificial intelligence models as they look to capture the full value of their usage through official revenue generating channels.
While none of the companies have said that they are moving away from their open-source strategies, the development reflects an industry trend where the most powerful models are growing in size, making them increasingly difficult to host on local hardware.
This......
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02.04.26 - 06:30
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Alibaba Releases Strongest Domestic Coding Model Qwen3.6-Plus (AAStocks)
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ALIBABA-W (09988.HK) has released Qwen3.6-Plus, the new-generation large language model under its Qwen series, featuring native multimodal understanding and reasoning capabilities with significantly enhanced overall performance.In authoritative evaluations including the intelligent agent coding SWE-bench series and real-world ag......
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02.04.26 - 06:15
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Fliggy and Qwen Reach AI Cooperation with Over 30 More Travel Brands (AAStocks)
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Fliggy, the travel platform under Alibaba-W (09988.HK), and AI model Qwen announced that they have reached AI cooperation agreements with more than 30 additional travel brands. To date, the number of domestic and overseas brands that have partnered with them has exceeded 80.Data showed that during the Spring Festival holiday, Fl......
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02.04.26 - 05:15
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Citi Maintains ALIBABA Buy, TP HKD199 (AAStocks)
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Citi published a research report stating that it hosted the "2026 Innovation Pioneer Enterprise Day" event on April 1 and invited the management of ALIBABA (09988.HK) to attend. Key discussion topics included AI and cloud strategies, recent price increases and the competitive landscape of the cloud market, drivers for cloud marg......
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02.04.26 - 04:45
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HSI's Early Losses Widen to Over 220 pts; Alibaba Slides 3% (AAStocks)
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US President Donald Trump said in a televised address on the Iran issue that the US will take "extremely severe" action against Iran in the coming weeks. Brent oil futures for June delivery surged more than 4%. The HSI opened down 39 pts and once fell to an intraday low of 25,026, at one point sliding 268 pts. It last stood at 2......
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