StockNow
Log in
Global Markets

Alibaba (9988 HK) releases its Qwen 3.8 Max AI model with 2.4tln parameters and says it has has Anthropic-tier performance

StockNow breaking-news AI analysis

Alibaba released its 2.4tn parameter Qwen 3.8 Max model, claiming Anthropic-tier performance. Shares rose 5.4% in Hong Kong as the company expands its AI-driven cloud strategy and global partnerships.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYU.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)

Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement