Alibaba Qwen3.8 AI model beats Kimi K3, stock jumps 7.3%
Alibaba has pulled the wraps off a new heavyweight in its AI lineup, and the timing couldn’t be more pointed. The Alibaba Qwen3.8 AI model, officially named Qwen3.8-Max, arrived just as China’s AI sector is riding a wave of momentum, with the company promising an open-weight release to the public next week that would let developers download and tinker with the model themselves.
Key takeaways
- Alibaba launched Qwen3.8-Max, a 2.4 trillion parameter AI model that reportedly outperforms Moonshot’s Kimi K3 on multiple benchmarks.
- The model marks Alibaba’s return to open-source releases after several proprietary launches earlier this year, with open weights due next week.
- Qwen3.8-Max is already live through Alibaba Cloud’s Model Studio APIs and the QwenWork business assistant platform.
- Alibaba’s shares jumped as much as 7.3% on the news, their best single-day move in nearly a month.
- Anthropic has accused operators linked to Alibaba of running nearly 29 million exchanges with Claude in what it calls its largest extraction campaign to date.
Alibaba Unveils Qwen3.8-Max AI Model
Qwen3.8-Max is Alibaba’s biggest AI model release yet, and the company says it holds its own against some of the industry’s most closely watched systems. Built on 2.4 trillion parameters, the model reportedly beats Moonshot’s recently launched Kimi K3 across several benchmarks, and Alibaba has shared results suggesting comparable performance to leading AI systems.
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