
Alibaba Group Holding Limited
Alibaba Group Holding Limited is a leading Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. Founded in 1999 by Jack Ma and a group of partners, Alibaba has grown to become one of the largest online and mobile commerce companies in the world. The company operates various businesses, including the popular online marketplace Alibaba.com and the consumer-to-consumer platform Taobao. Recently, Alibaba made headlines by unveiling its artificial intelligence model QwQ-32B, intended to compete with DeepSeek, which led to a notable increase in its stock value.
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Alibaba presented its AI model QwQ-32B to compete with DeepSeek.
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