GO
| HSI1 | 22,881.02 | -145.66 | 308.05B |
| HSCEI1 | 7,558.30 | -47.04 | 109.39B |
| Back Zoom + Zoom - Block Traded | |
|
BABA-W Focuses on AI Growth Wave in 2H26
2026-06-30 15:25:49 BABA-W (09988.HK) announced that it completed the integration of its core AI businesses in 1H26, launched multiple frontier models, while continuing expansion of its global infrastructure. Looking ahead, BABA-W will sustain the strong momentum seen in 1H26 through sequential innovation and global expansion, fully embracing the next era of AI-driven growth. The group disclosed several major milestones, mainly including the establishment of the Alibaba Token Hub (ATH) business group, which is personally led by Group CEO Eddie Wu, with the core objectives of "creating Tokens, delivering Tokens, and applying Tokens". The unit covers Tongyi Lab, the MaaS business line, the Qwen business division, the Wukong business division, and the AI innovation business division, building a complete ecosystem spanning foundational model R&D to personal and enterprise applications. Launches of frontier AI models, including the next-generation large language model Qwen3.7-Max with advanced agentic coding capabilities (May); the video generation model HappyHorse 1.1 with enhanced dynamic realism and visual quality (June); and the interactive world model HappyOyster 1.0 with strengthened environmental interaction capabilities (June). The Qwen ecosystem continued to expand, with the Qwen App upgraded into a unified conversational interface integrating services from Taobao, Alipay, Fliggy and Amap; Qwen Glasses debuted at the 2026 Mobile World Congress (MWC), offering real-time translation, high-definition photography and voice command functions; while the Wukong platform provides enterprises with an AI-native agent platform. ~ AASTOCKS Financial News Website: www.aastocks.com | |