Alibaba Unifies AI Brand, Goes All-In On 'Qwen'

benzinga_article
2026.03.02 14:37
portai
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Alibaba is consolidating its AI initiatives under the brand 'Qwen' to streamline its offerings in the competitive AI market. The company has introduced a flagship app and a new AI coding platform, providing developers with access to various AI models at low costs. Additionally, Alibaba launched a self-developed AI chip, the Zhenwu 810E, to enhance its AI capabilities amid U.S. export restrictions. Despite these advancements, Alibaba's stock fell by 2.57% to $140.40 on Monday.