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Alibaba Qwen3.8-Max Tops AI Benchmarks, Stock Climbs 4%

By TechMeme · Summarized & edited by · 2026-08-03
Alibaba Qwen3.8-Max Tops AI Benchmarks, Stock Climbs 4%

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Why it matters: Alibaba's 2.4-trillion-parameter Qwen3.8-Max — with a 1-million-token context window — claims benchmark parity with Anthropic's Fable and a top showing against Moonshot's Kimi K3, and BABA shares climbed 4% on the news. The Verge, Forbes, and Reuters positioned the launch as 'another swipe at America's AI supremacy,' while the planned open-weights release next week keeps the model accessible to the same developer base that drove DeepSeek's adoption.

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