Alibaba's Token Plan Personal Edition has been launched, with the preview version of Qwen3.8-Max simultaneously released.

On July 19, Alibaba's Token Plan Personal Edition was officially launched, allowing users early access to Qwen3.8-Max-Preview, a model with 2.4 trillion parameters that excels in coding engineering and professional office scenarios.

Alibaba Cloud08:11

Preview of Alibaba's new flagship model Qwen3.8: 2.4 trillion parameters, rivaling Fable 5 and Kimi 3

The model supports multimodal processing, including images, videos, and documents, and has already been launched on platforms such as Qoder, with full model weights to be openly released "very soon." Notably, Moonshot AI—a company backed by Alibaba—has just set a new record with Kimi K3, a model featuring 2.8 trillion parameters, intensifying the internal competition within Alibaba's investment portfolio over the title of the 'largest open model.'

wallstreetcn11minutes ago

Alex Kwok: The price trends of Tencent and Alibaba are strengthening.

Andrew Au, Vice Chairman of the Hong Kong Society of Analysts, stated that the market is already approaching the end of mid-July. As of the time of writing, the Hang Seng Index (HSI) has risen from its intramonth low of 22,953 points on the 2nd to an intramonth high of 22,521 points on the 16th, under a pattern of initial decline followed by recovery. This represents an intramonth trading range of 2,268 points, which is indeed substantial and likely sufficient to meet the market’s technical requirements for the month. Investors should therefore remain cautious about a potential short-term consolidation following the sharp rally. However, such a pullback would likely represent a normal retracement after a significant rebound. From a technical perspective, the HSI has not only successfully reclaimed the 20-day moving average (approximately

AASTOCKS11minutes ago

Alibaba (09988.HK) is set to launch and open-source its latest large language model, Qwen3.8.

Alibaba (09988.HK) announced that its latest large language model, "Qwen3.8," will soon be officially launched. The new model has 2.4 trillion (2.4T) parameters and may be the most powerful model available apart from Anthropic's Fable 5. It is understood that the preview version of Qwen3.8-Max has already been initially deployed on Alibaba's Token Plan, Qoder, and QoderWork.

AASTOCKS40minutes ago

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