Alibaba Stock's a Strong Buy After Open-Source AI Reveal
BABABABA(BABA) Kiplinger.com·2024-09-20 00:31

U.S.-listed Alibaba Group Holding (BABA) shares are trading notably higher Thursday after the Chinese e-commerce giant released over 100 open-source artificial intelligence (AI) models and a new text-to-video tool, according to media reports. At last check, BABA stock was up around 4%.The new AI models, dubbed Qwen 2.5, are designed for use in a wide range of applications and sectors, and have more advanced capabilities in math and coding, according to CNBC. The text-to-video tool is based on Alibaba's AI m ...