10 Trending AI Stocks on Investors’ Radar

2. 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 January 29, the company reported that it had released a new version of its Qwen 2.5 artificial intelligence model. Alibaba has claimed that the model surpassed the highly acclaimed DeepSeek-V3. Qwen 2.5-Max was released on the first day of the Lunar New Year, a day when most Chinese are off work and with their families. The release day implies how DeepSeek’s AI models have put pressure on both domestic and international competition.

“Qwen 2.5-Max outperforms … almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B”.

-Alibaba’s cloud unit said in an announcement posted on its official WeChat account.