Reported 2 days ago
Alibaba Group's stock rose by 16.6% in January 2025, driven by its swift adaptation to the launch of the new AI system DeepSeek. While not the creator of DeepSeek, Alibaba quickly integrated its technology into its cloud platform and upgraded its own AI model, Qwen. This response highlights Alibaba's agility in the competitive tech space, positioning it favorably among peers in the AI sector. The upcoming earnings report is anticipated to provide further insights into Alibaba's AI strategy.
Source: YAHOO