10 AI Headlines You Shouldn’t Miss

4. Alibaba Group Holding Limited (NYSE:BABA)

Market Capitalization: $213.37 billion

Alibaba Group Holding Limited (NYSE:BABA) is a multinational technology company specializing in e-commerce, retail, Internet, and technology. It heavily leverages artificial intelligence in its business and recently launched more than a hundred new AI models as part of its AI push.

On November 11, Alibaba Group Holding Limited (NYSE:BABA)’s subsidiary, Alibaba Cloud, announced the new version of the open foundation Qwen model— Qwen2.5-Coder-32B-Instruct. The new AI coding assistant, which helps developers write, analyze, and understand code, has coding abilities matching those of GPT-4o. According to Alibaba Cloud, the Qwen2.5-Coder has delivered significantly improved performance in core tasks such as code generation, code reasoning, and code repair.