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Barchart
Barchart
Aditya Raghunath

How to Play BABA Stock as Alibaba Unveils New Qwen AI Model

BABA Alibaba Qwen Apple China Eddie Wu United States

Alibaba (BABA) shares gained pace this week after the Chinese tech giant confirmed a major update to its artificial intelligence push, one that ties its Qwen models directly to hundreds of millions of Apple (AAPL) devices in China. The Chinese tech giant has spent more than a year and billions of dollars building out its AI business, and this latest move shows that bet starting to pay off in a very visible way.

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