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Barchart
Aditya Raghunath

Alibaba Qwen Update Sends Clear Signal on AI Chip Resilience

Alibaba BABA Apple Eddie Wu China

Alibaba (BABA) recently gave investors a fresh reason to rethink how they view the company. For more than a year, the Chinese tech giant has poured billions into artificial intelligence (AI), betting that owning the full technology stack — from chips to the cloud and apps — would pay off eventually.

That bet is now showing notable results. Two separate developments this summer point to the same conclusion: Alibaba's AI ambitions are moving from a spending story to a revenue and credibility story.

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