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Alibaba reported a sharp decline in core profitability as aggressive AI and e-commerce investments weighed on earnings despite strong cloud growth.
Alibaba unveiled its Qwen 3.5 artificial intelligence model, claiming major gains in cost efficiency and performance as competition intensifies in China’s fast-moving AI market.
Alibaba has introduced RynnBrain, a new AI model designed to enhance robotic perception and object recognition, advancing China’s push into physical AI and robotics.
Alibaba’s new Quark AI Glasses integrate its Qwen AI model and mark the company’s latest move to scale consumer AI products amid intensifying competition.
Alibaba’s AI app Qwen surpassed 10 million downloads in its first week after relaunch, signaling strong adoption as the company positions itself against ChatGPT in China.