Alibaba Stock Is Rising. The China AI Spotlight Is Shifting From DeepSeek.
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Alibaba shares are rising as the company announced that its latest Qwen AI version is comparable to DeepSeek's R1, which gained significant attention earlier this year.
March 06, 2025 | 1:45 pm
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Alibaba's stock is experiencing an upward trend following the announcement that its Qwen AI is on par with DeepSeek's R1, a significant AI development.
The announcement that Alibaba's Qwen AI is comparable to DeepSeek's R1 is a positive development, likely boosting investor confidence and interest in Alibaba's technological capabilities, leading to a rise in stock price.
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