10 AI News Investors Shouldn’t Miss

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3. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 115

Alibaba Group Holding Limited (NYSE:BABA) is an online retailer that leverages AI in its e-commerce business. On December 26, Alibaba Cloud, the cloud computing arm of China Alibaba Group Ltd., announced that it has launched QVQ-72B-Preview. The QVQ-72B-Preview is an experimental AI model that can perform actions such as reviewing images and drawing conclusions. Marking a significant advancement in AI’s visual understanding and problem-solving capabilities, the company said that this model is displaying promising capabilities at visual reasoning by solving problems. It is doing so by thinking them through step by step similar to other reasoning models such as OpenAI’s o1 and Google LLC’s Gemini Flash.

“Imagine an AI that can look at a complex physics problem, and methodically reason its way to a solution with the confidence of a master physicist”.

-Qwen Team

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