Alibaba Expands Qwen AI Push, Rejects 'Collective Resignation' Claims

benzinga_article
2026.03.09 15:59
portai
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Alibaba is restructuring its Qwen AI team amid competition in China's AI market, refuting rumors of a 'collective resignation.' CEO Eddie Wu confirmed leadership changes and new hires, including Zhou Hao from Google DeepMind, to enhance the Qwen model's development. The company emphasizes its commitment to foundational AI models and open-source strategies, aiming for artificial general intelligence (AGI). Alibaba shares rose 0.47% to $131.41 following the news.