Alibaba Group Holding Ltd. (BABA) has recently experienced a significant boost in its stock value, closing up 8.61% at $141.03. This increase follows the launch of the new QwQ-32B AI model, which is designed to deliver DeepSeek-level performance while utilizing only 5% of the data.

This advancement marks a crucial milestone for the company, contributing to a market value rise of approximately $135 billion this year as it rebounds from a prolonged government crackdown. The stock also saw a rise of 7.5% in Hong Kong, reflecting a surge in investor confidence as Alibaba stabilizes its core business.

• Alibaba is capitalizing on China’s efforts to enhance consumption.
• Analysts highlight the positive momentum from the open-source model.
• The expected benefits for Alibaba’s cloud computing sector are driven by the increasing importance of AI in the market.

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