Alibaba's Stock Surges on AI Breakthrough: ETFs in Focus
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Alibaba's stock surged significantly following the introduction of its new AI model, QwQ-32B, which competes with DeepSeek but is more data-efficient.
March 06, 2025 | 2:15 pm
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Alibaba's stock surged after the launch of its new AI model, QwQ-32B, which competes with DeepSeek and is more data-efficient.
The introduction of the QwQ-32B AI model positions Alibaba as a strong competitor in the AI space, likely boosting investor confidence and driving the stock price up.
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