Latest news with #AlibabaCloud
South China Morning Post
2 days ago
- Business
- South China Morning Post
Alibaba unleashes Qwen3 coding model for developers to push AI agent adoption
Touted as the company's 'most advanced agentic AI coding model to date', the Qwen3-Coder-480B-A35B-Instruct – built on a so-called Mixture of Experts (MoE) architecture – features a total of 480 billion parameters, 35 billion of which are active, and supports a 256,000-token context window, expandable to 1 million tokens through extrapolation methods. In a blog entry on developer platform GitHub, the Qwen team of Alibaba Cloud – the AI and cloud computing arm of Alibaba, owner of the Post – showed that Qwen3-Coder had set new state-of-the-art results among open-source models across multiple agentic tasks, outperforming Kimi K2 Instruct from Moonshot AI and DeepSeek 's V3-0324 On SWE-Bench, a benchmark for evaluating large language models on real-world software engineering tasks, Qwen3-Coder showed stronger capabilities than those of the two Chinese AI start-ups ' models. The same benchmark tests also showed that Qwen3-Coder was rated either on par or just behind in certain areas when compared with the performance of prominent proprietary AI models Claude Sonnet-4 from Anthropic and OpenAI 's GPT-4.1. 'Agentic AI coding is transforming software development by enabling more autonomous, efficient and accessible programming workflows,' Alibaba said in a statement on Wednesday. 'With its open-source availability, strong agentic coding capabilities, and seamless compatibility with popular developer tools and interfaces, Qwen3-Coder is positioned as a valuable tool for global developers in software development.'
Globe and Mail
2 days ago
- Business
- Globe and Mail
Is Alibaba Cloud's Growing Partner Base a Catalyst for Future Returns?
Alibaba BABA is doubling down on its digital technology and intelligence backbone, Alibaba Cloud, through various strategic partnerships and collaborations. It currently has more than 12,000 partners globally, including Salesforce, Fortinet and IBM, and relies heavily on its partner ecosystem for customer success. The company started the year by announcing one of its biggest partnerships with Apple to support iPhones' AI services offering in China, which sent BABA's shares to a three-year high. The announcement came at a critical time, with Alibaba facing stiff competition from DeepSeek in China's AI market. BABA is not slowing down and expanding its AI footprint rapidly. It recently formed a strategic partnership with smartphone maker HONOR, which marked the first time for Alibaba's proprietary AI agents to be directly integrated into mobile devices. The company's first hybrid reasoning family Qwen3 is gaining rapid traction, with companies, such as NVIDIA, AMD and MediaTek deploying Qwen3 on their frameworks. Alibaba also announced that it will invest more than $60 million in the next fiscal year to strengthen its partner ecosystem and accelerate AI innovation. The investment is underscored by new and expanded partnerships with leading technology providers worldwide. They include Dify, Squirro, PingCAP, Atos, Crayon, DXC Technology, Bespin Global Indonesia and Electrum Cloud. The investment will go toward collaborative marketing campaigns, incentive rebate programs and other activities to benefit both Alibaba Cloud and its partners. This move comes at a time when Alibaba Cloud hopes to gain more exposure overseas. In the fourth quarter of fiscal 2025, Alibaba's Cloud Intelligence Group generated RMB 30.1 billion ($4.15 billion) in revenues, up 18% year over year, contributing around 12.7% of total revenues. This was driven by the increasing adoption of AI-related products. As Alibaba Cloud strengthens its global partner ecosystem, the efforts are expected to drive higher cloud adoption and AI service consumption, paving the way for sustained revenue growth in the coming quarters. Alibaba Cloud Faces Stiff Competition From Tech Giants Alibaba Cloud is under pressure to get ahead in the AI race, with companies like Amazon AMZN and Microsoft MSFT forming partnerships with tech behemoths to hold their lead. Amazon's AWS and Meta Platforms recently teamed up to support AI startups by making Meta's Llama 3 models more accessible through AWS services, aiming to accelerate AI innovation and adoption across industries. Amazon also announced a partnership with HUMAIN to invest $5 billion-plus to accelerate AI innovation in Saudi Arabia and globally. Microsoft and Pearson have announced a multiyear partnership to integrate Microsoft Azure OpenAI technologies into Pearson's education products, aiming to transform learning and workforce readiness through AI. Microsoft has also strengthened its partnership with the Kuwait government by announcing plans to establish an AI-powered Azure cloud region. BABA's Share Price Performance, Valuation and Estimates BABA shares have gained 41.9% in the year-to-date (YTD) period, outperforming the Zacks Internet – Commerce industry and the Zacks Retail-Wholesale sector's growth of 10.5% and 5.8%, respectively. BABA's YTD Price Performance Image Source: Zacks Investment Research From a valuation standpoint, BABA stock is currently trading at a forward 12-month Price/Earnings ratio of 13.07X compared with the industry's 26.17X. BABA has a Value Score of C. BABA Valuation The Zacks Consensus Estimate for first-quarter fiscal 2026 earnings is pegged at $2.13 per share, which has been revised downward by 14.1% over the past 30 days, indicating a 5.75% year-over-year decline. Alibaba currently carries a Zacks Rank #5 (Strong Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
Mid East Info
2 days ago
- Business
- Mid East Info
Alibaba Cloud Named a Leader in Omdia's Latest GenAI Report
The highest rating in seven out of nine categories among Asia & Oceania cloud providers Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recently named a market leader in Omdia's latest report, 'Market Radar: GenAI Cloud Titans in Asia & Oceania 2025.' The report positions Alibaba Cloud in the 'Leader' quadrant, highlighting its generative artificial intelligence (GenAI) capabilities and comprehensive product portfolio across the Asia & Oceania region. Alibaba Cloud is named one of four leaders among nine global vendors evaluated in Omdia's report, receiving the highest 'Advanced' rating in seven out of nine categories. Among the four companies designated as 'Leader,' Alibaba Cloud received the most 'Advanced' ratings. The report evaluated nine key dimensions, including GenAI models, model optimization, GenAI infrastructure, development platforms, deployment, security, and developer community engagement. 'Alibaba Cloud offers end-to-end technology capabilities, including foundation models, GenAI platform, infrastructure, and applications. This positions it as a significant competitor in the global GenAI landscape,' said Omdia in the report. The Omdia report highlighted Alibaba Cloud's strong position in the GenAI market, pointing to its full-stack GenAI solutions, comprehensive and developer-friendly AI platform offering and open source initiatives. Through its Model Studio and Platform for AI (PAI), Alibaba Cloud offers enterprises a user-friendly environment for building and deploying GenAI applications, supported by cutting-edge infrastructure including the PAI-Lingjun Intelligent Computing Service, according to the report. 'GenAI has captured the imagination of businesses in Asia and around the world, and we are grateful to be recognized for our leadership in helping companies implement its capabilities. Our commitment to open source is central to this, driving innovation through one of the largest AI ecosystems in the world. As we accelerate into the AI era, we want to make it as easy as possible for companies to harness the power of this technology and will continue to enhance our model family and solutions to ensure they have the support they need to thrive,' said Jingren Zhou, Chief Technology Officer of Alibaba Cloud Intelligence. Since August 2023, Alibaba Cloud has actively contributed to the open-source AI community, releasing over 200 advanced AI models. These open-source efforts have resonated widely, as evidenced by the Qwen family surpassing 400 million downloads on platforms like Hugging Face and ModelScope and over 140,000 models built on Qwen by third parties, making it one of the most prominent AI model families worldwide. As of January 2025, more than 290,000 customers across various sectors, including robotics, healthcare, education, finance, and automotive, have adopted Qwen models via Model Studio, Alibaba's generative AI development platform. This momentum underscores Qwen's role in accelerating AI-powered digital transformation across industries in China. Omdia's report also notes that the GenAI software revenue in Asia & Oceania is estimated to be $5.5 billion in 2025. The market is expected to grow more than four times, reaching $19.8 billion in 2029. Currently, 27% of enterprises in Asia & Oceania are already deploying GenAI solutions, with an additional 33% piloting GenAI in at least one business function.
Zawya
3 days ago
- Business
- Zawya
Alibaba Cloud named a leader in Omdia's latest GenAI report
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recently named a market leader in Omdia's latest report, 'Market Radar: GenAI Cloud Titans in Asia & Oceania 2025.' The report positions Alibaba Cloud in the 'Leader' quadrant, highlighting its generative artificial intelligence (GenAI) capabilities and comprehensive product portfolio across the Asia & Oceania region. Alibaba Cloud is named one of four leaders among nine global vendors evaluated in Omdia's report, receiving the highest 'Advanced' rating in seven out of nine categories. Among the four companies designated as "Leader," Alibaba Cloud received the most "Advanced" ratings. The report evaluated nine key dimensions, including GenAI models, model optimization, GenAI infrastructure, development platforms, deployment, security, and developer community engagement. 'Alibaba Cloud offers end-to-end technology capabilities, including foundation models, GenAI platform, infrastructure, and applications. This positions it as a significant competitor in the global GenAI landscape,' said Omdia in the report. The Omdia report highlighted Alibaba Cloud's strong position in the GenAI market, pointing to its full-stack GenAI solutions, comprehensive and developer-friendly AI platform offering and open source initiatives. Through its Model Studio and Platform for AI (PAI), Alibaba Cloud offers enterprises a user-friendly environment for building and deploying GenAI applications, supported by cutting-edge infrastructure including the PAI-Lingjun Intelligent Computing Service, according to the report. 'GenAI has captured the imagination of businesses in Asia and around the world, and we are grateful to be recognized for our leadership in helping companies implement its capabilities. Our commitment to open source is central to this, driving innovation through one of the largest AI ecosystems in the world. As we accelerate into the AI era, we want to make it as easy as possible for companies to harness the power of this technology and will continue to enhance our model family and solutions to ensure they have the support they need to thrive,' said Jingren Zhou, Chief Technology Officer of Alibaba Cloud Intelligence. Since August 2023, Alibaba Cloud has actively contributed to the open-source AI community, releasing over 200 advanced AI models. These open-source efforts have resonated widely, as evidenced by the Qwen family surpassing 400 million downloads on platforms like Hugging Face and ModelScope and over 140,000 models built on Qwen by third parties, making it one of the most prominent AI model families worldwide. As of January 2025, more than 290,000 customers across various sectors, including robotics, healthcare, education, finance, and automotive, have adopted Qwen models via Model Studio, Alibaba's generative AI development platform. This momentum underscores Qwen's role in accelerating AI-powered digital transformation across industries in China. Omdia's report also notes that the GenAI software revenue in Asia & Oceania is estimated to be $5.5 billion in 2025. The market is expected to grow more than four times, reaching $19.8 billion in 2029. Currently, 27% of enterprises in Asia & Oceania are already deploying GenAI solutions, with an additional 33% piloting GenAI in at least one business function. For more information and to access the full report, please refer to this link.
Mid East Info
3 days ago
- Business
- Mid East Info
Alibaba Cloud Named a Leader in Omdia's Latest GenAI Report - Middle East Business News and Information
The highest rating in seven out of nine categories among Asia & Oceania cloud providers July, 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recently named a market leader in Omdia's latest report, 'Market Radar: GenAI Cloud Titans in Asia & Oceania 2025.' The report positions Alibaba Cloud in the 'Leader' quadrant, highlighting its generative artificial intelligence (GenAI) capabilities and comprehensive product portfolio across the Asia & Oceania region. Alibaba Cloud is named one of four leaders among nine global vendors evaluated in Omdia's report, receiving the highest 'Advanced' rating in seven out of nine categories. Among the four companies designated as 'Leader,' Alibaba Cloud received the most 'Advanced' ratings. The report evaluated nine key dimensions, including GenAI models, model optimization, GenAI infrastructure, development platforms, deployment, security, and developer community engagement. 'Alibaba Cloud offers end-to-end technology capabilities, including foundation models, GenAI platform, infrastructure, and applications. This positions it as a significant competitor in the global GenAI landscape,' said Omdia in the report. The Omdia report highlighted Alibaba Cloud's strong position in the GenAI market, pointing to its full-stack GenAI solutions, comprehensive and developer-friendly AI platform offering and open source initiatives. Through its Model Studio and Platform for AI (PAI), Alibaba Cloud offers enterprises a user-friendly environment for building and deploying GenAI applications, supported by cutting-edge infrastructure including the PAI-Lingjun Intelligent Computing Service, according to the report. 'GenAI has captured the imagination of businesses in Asia and around the world, and we are grateful to be recognized for our leadership in helping companies implement its capabilities. Our commitment to open source is central to this, driving innovation through one of the largest AI ecosystems in the world. As we accelerate into the AI era, we want to make it as easy as possible for companies to harness the power of this technology and will continue to enhance our model family and solutions to ensure they have the support they need to thrive,' said Jingren Zhou, Chief Technology Officer of Alibaba Cloud Intelligence. Since August 2023, Alibaba Cloud has actively contributed to the open-source AI community, releasing over 200 advanced AI models. These open-source efforts have resonated widely, as evidenced by the Qwen family surpassing 400 million downloads on platforms like Hugging Face and ModelScope and over 140,000 models built on Qwen by third parties, making it one of the most prominent AI model families worldwide. As of January 2025, more than 290,000 customers across various sectors, including robotics, healthcare, education, finance, and automotive, have adopted Qwen models via Model Studio, Alibaba's generative AI development platform. This momentum underscores Qwen's role in accelerating AI-powered digital transformation across industries in China. Omdia's report also notes that the GenAI software revenue in Asia & Oceania is estimated to be $5.5 billion in 2025. The market is expected to grow more than four times, reaching $19.8 billion in 2029. Currently, 27% of enterprises in Asia & Oceania are already deploying GenAI solutions, with an additional 33% piloting GenAI in at least one business function. About Alibaba Cloud: Established in 2009, Alibaba Cloud is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world's leading public cloud IaaS service providers since 2018, according to IDC.
