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flag Alibaba's new AI model QwQ-32B boosts stock by 8% with advanced math and coding skills, amid $52B investment plan.

flag Alibaba's stock surged over 8% after unveiling its new AI reasoning model, QwQ-32B, which performs comparably to top models like DeepSeek's R1 with significantly fewer parameters. flag The model, accessible via Qwen Chat, excels in mathematical reasoning and coding. flag Alibaba plans to invest over $52 billion in AI infrastructure, aligning with the Chinese government's support for AI and other tech sectors.

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