
Alibaba rose over 2.2% as Tongyi Qianwen launched a new model, significantly enhancing reasoning and general capabilities
Alibaba rose over 2.2%, reaching $120. In terms of news, Alibaba Tongyi Qianwen launched a new model Qwen3-30B-A3B-Thinking-2507, which has significantly improved reasoning ability, general capability, and context length compared to the Qwen3-30-A3B model that was open-sourced on April 29. Currently, Qwen3-30B-A3B-Thinking-2507 has been open-sourced on the Modao community and Hugging Face

