10 AI Stocks Gaining Momentum Right Now

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6. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 107

Alibaba Group Holding Limited (NYSE:BABA) is an internet giant that offers e-commerce services in China and internationally. On February 25, the company unveiled a preview of its next reasoning model QwQ-Max. The model has the potential to rival OpenAI’s o1 and DeepSeek’s r1 models, further intensifying the global artificial intelligence race.

According to the Qwen team, QwQ-Max-Preview is built on the most advanced model of the series, the Qwen 2.5-Max, boasting stronger and more versatile reasoning and problem-solving skills. The preview model is available for free on the Qwen chatbot website. Alibaba’s move comes amid the company’s recent pledge to invest US$53 billion in cloud and AI infrastructure in the next three years.

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