Fosun: Alibaba-W (09988.HK) launches new generation Qwen model, reaching a new milestone in the AI theme and starting a new cycle.

According to the Securities Times APP, Fubon Research report stated that Alibaba-W (09988.HK) under Alibaba Cloud has launched a new generation Qwen model, achieving another milestone. Key points include: 1) Qwen launched the Qwen3-Max Preview (Instruct) model with over 10 trillion parameters; 2) The model has shown outstanding performance in various evaluations, including knowledge, mathematics, programming, human preferences, and integration capabilities.