Alibaba Boosts Open-Source AI Strategy as Qwen Surpasses 700 Million Downloads
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Should l Buy BABA?
Source: Benzinga
- Qwen Model Milestone: Alibaba's Qwen model family has surpassed 700 million downloads on Hugging Face, establishing it as the most widely adopted open-source AI system, reflecting strong market validation and support for the company's AI strategy.
- Cloud Investment Surge: Alibaba significantly increased its capital expenditure budget for cloud computing, resulting in a 14% stock price increase over the past week, with analysts suggesting this could enhance profitability resilience beyond current forecasts.
- Industry Validation Accelerates: A Stanford report indicates that Chinese open-source models have caught up or surpassed U.S. peers in capability and adoption, further validating Alibaba's strategic direction and boosting investor confidence.
- New Business Group Formation: Alibaba has established the Qwen Consumer Business Group to consolidate its chatbot, AI assistants, cloud tools, and AI hardware into a single platform, aiming to enhance market competitiveness and drive business growth.
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Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise
15 Analyst Rating
15 Buy
0 Hold
0 Sell
Strong Buy
Current: 123.730
Low
180.00
Averages
203.09
High
230.00
Current: 123.730
Low
180.00
Averages
203.09
High
230.00
About BABA
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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