Alibaba's Cloud Business, Improved AI Model Seen to Support Share Price

Dow Jones
08/03

1013 GMT - Alibaba's cloud business and improved AI model performance are supporting its shares recently, Citi analysts say in a research note. Alibaba's new Qwen3.8-Max model has "significantly improved benchmark scores," the analysts say. They note that as model developers speed up their model iterations, a "model-agnostic environment" where enterprises adopt multiple models for different tasks instead of locking into one single vendor, is emerging. While long-term success will require immense resources and a loyal customer base, companies with full-stack capabilities, from chips and cloud infrastructure to models and applications, like Alibaba, are better positioned to lead, they add. Meanwhile, positive cloud revenue read-throughs from AWS and Azure suggest strong cloud revenue for AliCloud as well, they add. Shares ended 7.0% higher at HK$125.20.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10