Alibaba introduced Qwen3.8-27B, an AI model designed to run on consumer hardware like laptops, aiming to compete with Meta in the open-weight AI market. It also released the weights of its most powerful model, Qwen3.8 Max, allowing developers to freely download and use it. This move strengthens Alibaba's lead in open-source AI, with its models already surpassing Meta in downloads and developer use. The focus on on-device AI suggests a shift towards faster, more secure AI running locally rather than in data centers, positioning Alibaba as a strong global competitor.
Alibaba's stock has fallen 31% year-to-date, closely tracking the broader Chinese internet sector, which is down about 32%. This decline reflects a sector-wide retreat, with Alibaba's marketplace business facing similar pressures as peers like PDD Ho...
Critical vulnerabilities in the PHP programming language were uncovered using AI, leading to urgent global security warnings and immediate fixes to prevent potential cyberattacks. Meta Platforms reported strong earnings with a 26% revenue rise and ne...
