Alibaba (BABA) Launches New Qwen3 Model as AI Race Speeds Up

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2025.09.15 09:14
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Alibaba Cloud has launched its new Qwen3-Next architecture, featuring the Qwen3-Next-80B-A3B model, which is 10 times faster than its predecessor and reduces training costs by 90%. The model competes with larger versions and is designed for consumer hardware. Additionally, Apple has chosen Alibaba's Qwen models for its services in China. Analysts are optimistic about Alibaba's stock, with a Strong Buy consensus and a price target suggesting a 7.33% upside.