Alibaba Shares Surge Following Launch of Revolutionary AI Application 'New Quark'

Mover TrackerMonday, Mar 17, 2025 6:42 pm ET
1min read

In recent developments,

has unveiled a groundbreaking AI flagship application called 'New Quark.' This release marks an important milestone in the AI sector, aiming to redefine user interaction through a sophisticated integration of AI dialogue, deep search, and comprehensive functionalities, all housed within a streamlined 'AI Super Box.' The move underscores Alibaba's prowess in technological innovation and reflects the shifting user behavior from simple web searches to AI-driven inquiries.

New Quark leverages advanced reasoning and multimodal AI models created by Alibaba's prestigious Tongyi team. Traditionally, Alibaba has been at the forefront of AI application development, releasing top-performing open-source models like Qwen2.5-Max, Tongyi Wanxiang 2.1, and QWQ-32B. These ventures indicate Alibaba's commitment to robust foundational technology, making it a leader in the AI industry.

Moreover, Alibaba's Tongyi Qianwen model has recently been integrated into the national supercomputing internet platform, offering API services, indicating significant acceptance at the government level. This integration is a testament to Alibaba's strategic and substantial investment in AI capabilities, finally yielding fruitful results.

New Quark's introduction signals an accelerated push by Alibaba into the AI domain, positioning itself strategically as a gateway to consumer traffic. The application aligns with Alibaba's broader corporate strategy, evidenced by Wu Jia's elevation to Alibaba Group's Vice President and Quark's CEO, indicating the app's rising stature within Alibaba's technological ecosystem.

Wu Jia, at the New Quark launch event, expressed aspirations for the app to become a pivotal tool in ushering users into the AI realm. New Quark is one of Alibaba's initial strategic innovations, with more expansive plans to incorporate offerings like 1688, Idle Fish, and DingTalk, continuously infusing AI into diverse operational scenarios.

Ahead, Alibaba has committed to an investment exceeding 380 billion yuan to enhance cloud and AI hardware infrastructure. In a world where AI competition is fierce, Alibaba's proactive approach to R&D and product enhancement underscores its ambition to achieve early dominance in this competitive industry.

In summary, Alibaba's initiatives represent a disruptive change in the AI landscape. The launch of New Quark exemplifies the fruition of Alibaba's persistent investments in technology. With a wealth of technical expertise, Alibaba is poised to push traditional boundaries and advance toward an expansive AI future.

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