Alibaba's AI Model Launch Boosts Stock to 20th in Trading Volume

On March 27, 2025, Alibaba's trading volume reached 22.65 billion, ranking 20th in the day's stock market. Alibaba (BABA) rose by 2.56%.

Alibaba's stock price surged due to the launch of a new AI model, Qwen2.5-Omni-7B, by its Cloud unit. This multimodal model can process various inputs, including text, video, images, and audio. Alibaba has made Qwen2.5 open-source, available on platforms like Alibaba Cloud's ModelScope and GitHub. The company has released over 200 AI models as open-source offerings, highlighting its commitment to AI development.

Alibaba's new AI model is part of a broader trend in China's tech industry, where AI development has intensified since the release of DeepSeek's R1 model in January. The competitive landscape in AI has led to a scramble among companies to develop more advanced and cost-effective models. Investors are closely monitoring the reaction from AI professionals to Qwen2.5's capabilities, as its success could keep Alibaba competitive in the global AI race.