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Alibaba (BABA) Stock Jumps After New AI Model Runs Circles Around Meta

By Trader Edge at 2026-10-03 00:51

Sentiment: Positive

TLDR Alibaba launched Qwen3.8-27B, an AI model designed to run on laptops and consumer hardware The model reached 3 million Hugging Face downloads within three days of its August 14 launch Alibaba also released the weights for its most powerful model, Qwen3.8 Max, making it freely downloadable Qwen-based models account for 151,448 derivatives on Hugging [...] The post Alibaba (BABA) Stock Jumps After New AI Model Runs Circles Around Meta appeared first on CoinCentral. Continue reading...

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