10 AI Stocks Making Waves on Wall Street

3. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 115

Alibaba Group Holding Limited (NYSE:BABA) is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. On February 3^rd, the South China Morning Post reported that Alibaba Group Holding’s cloud-computing services unit has now made DeepSeek’s artificial intelligence (AI) models available on its platform. This move follows similar ones made by other Big Tech companies to bring the Chinese start-up’s open-source systems to their clients.

“On [our] platform, users can achieve the whole process from training to deployment to inference with zero coding”.

-Alibaba Cloud said in a statement posted on WeChat.

According to Alibaba, the platform enables users to train, deploy, and use AI without coding. Users can log into its PAI Model Gallery to access DeepSeek’s models, DeepSeek-V3 and DeepSeek-R1, and deploy them to “power their own reasoning and text-generating applications”. The platform also provides so-called distilled versions of those models, such as DeepSeek-R1-Distill-Qwen-7B.