Alibabuku’s share price rose 5.5% in Hong Kong on Monday.
Published: February 10th, 2025 at 5pm
Alibaba Group Holding ($baba)’s ADR shares rose more than 3% on Friday as retail and tech giants denied their desire to invest in AI company Deepseek.
“We praise Deepseek as a fellow Hangzhou company, but the news that Alibaba reveals that it will invest in Deepseek is fake,” said Yan Qiao, vice-president of Alibaba.
According to a WeChat post from the company executive, Alibaba’s cloud computing and AI units have six new DeepSeek models available through the large-scale language model (LLM) service platform Bailian, keeping an eye on Alibabq’s stock price This was reported by the South China Morning Post. It won 5.5% in Hong Kong on Monday.
My feelings about StockTwits were “bulky” compared to “very bullish” a week ago. Message volumes were in the “high” area compared to “very high.”
Baba centimeter and message volume for February 10th.
Alibaba’s QWEN2.5-MAX APIs will be deployed under the cloud business unit, which has made several advances in AI over the past year.
Recently, Alibaba said that the latest AI model, QWEN2.5-MAX, performed better in many ways compared to the highest level AI models, including the DeepSeek-V3 and GPT-4O. I did. Alibaba’s QWEN2.5-MAX is a large-scale Exper (MOE) model that claims to achieve competitive performance against top tier models.
QWEN2.5-MAX outperformed the DeepSeek V3 in several benchmarks and performed exceptionally well in many aspects that are important for further advancements in the field of AI and machine learning.
Alibaba ADR shares have grown 22% since the start of the year.
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