AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Alibaba's AI Momentum Builds Amid Qwen Coder's Market Share Gains
ByAinvest
Tuesday, Aug 19, 2025 8:53 pm ET1min read
Alibaba's AI momentum builds as Qwen Coder gains market share, capturing over 20% of usage share on AI marketplace OpenRouter. Baidu and Alibaba Group led China's public cloud services for artificial intelligence in 2024, each capturing roughly 25% of a market that expanded 55% to 19.6 billion yuan. Alibaba stock gained over 43% year-to-date compared to Baidu's 7% returns.
Alibaba's (BABA) AI momentum continues to build, with its open-source model, Qwen3-Coder, capturing over 20% of usage share on AI marketplace OpenRouter. This rapid growth comes as Baidu (BIDU) and Alibaba Group led China's public cloud services for artificial intelligence in 2024, each capturing roughly 25% of a market that expanded 55% to 19.6 billion yuan [3].Qwen3-Coder's quick adoption highlights Alibaba's progress in the AI space. In mid-July, Anthropic’s Claude Sonnet 4 accounted for 46.3% of code generation requests on OpenRouter, while Google’s Gemini 2.5 Pro held 13.4%. By August 11, Claude’s share had fallen to 32.3%, and Gemini dropped to 5.8% [1]. Over the same period, Qwen3-Coder rose quickly, capturing 20.7% of the market within weeks of its late July launch [1].
Alibaba's AI push comes at a time when its core e-commerce business faces slower growth. The strong uptake of Qwen3-Coder marks progress in Alibaba's broader AI strategy, positioning it as a key player in open-source AI, a space where China is rapidly catching up with Western rivals [1].
Alibaba stock gained over 43% year-to-date compared to Baidu's 7% returns [2]. This performance reflects investors' optimism about Alibaba's AI capabilities and its potential to translate developer interest in its free model into commercial opportunities.
Analysts remain highly bullish about Alibaba’s stock trajectory, with 13 Buy ratings and one Hold rating, indicating a Strong Buy consensus rating on TipRanks [1]. The stock is trading at $150.09, implying about 23.78% upside potential from current levels [1].
References:
[1] https://www.tipranks.com/news/alibabas-new-ai-model-captures-market-share-from-google-and-anthropic
[2] https://www.benzinga.com/markets/tech/25/08/47208167/alibabas-ai-momentum-builds-as-qwen-coder-gains-market-share
[3] https://www.scmp.com/tech/article/3322250/alibaba-baidu-lead-chinas-ai-cloud-boom-market-surges-55-us27-billion
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet