The AI Race:
Situational Awareness’ AI Bets
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By Luz Ding
August 3, 2026 at 2:21 AM UTC
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Alibaba Group Holding Ltd. released its latest flagship AI model, with performance claims putting it alongside global leaders like Anthropic’s Fable.
The new model, Qwen3.8-Max, is built around 2.4 trillion parameters and ranks higher on some benchmarks than the headline-grabbing Kimi K3 from Moonshot that was recently unveiled. Alibaba intends to release the weights for public download next week, marking the next major move in the intensifying race among China’s AI developers that include Moonshot, DeepSeek and ByteDance Ltd.
Read Original at Bloomberg.com →
