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BABA-W Last Swells 6.5%+ as Alibaba Cloud Launches Qwen3-Max, Largest Model Until Now
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BABA-W (09988.HK) opened 0.56% lower this morning, and bottomed at $157.6. It last printed at $169.8, elevating 6.52%, with 91.743 million shares traded, involving $15.039 billion. Alibaba Cloud Qwen announced the launch of Qwen3-Max, its largest and most powerful model so far, following the release of the Qwen3-2507 series. Qwen3-Max-Instruct currently ranks third on LMArena's text arena in its beta version, surpassing GPT-5-Chat, Qwen said. Its official version has further enhanced its coding and agent capabilities, achieving industry-leading performance across comprehensive benchmark tests covering knowledge coverage, reasoning, programming, instruction following, human preference alignment, agent tasks and multilingual understanding. AAStocks Financial News Website: www.aastocks.com |
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