Alibaba Forms AI Task Force After Qwen Leader Exit [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
Source: Yahoo! Finance
This article first appeared on GuruFocus Alibaba Group Holding ( BABA Financials ) said it will create a new task force to accelerate the development of foundation artificial intelligence models following the resignation of a key executive in its Qwen AI unit. Warning! GuruFocus has detected 2 Warning Signs with BABA. Is BABA fairly valued? Test your thesis with our free DCF calculator. According to a company memo, the task force will include Alibaba CEO Eddie Wu, Alibaba Group Chief Technology Officer Wu Zeming and Alibaba Cloud Chief Technology Officer Zhou Jingren. The group will coordinate resources across the company to strengthen its AI development strategy. The move comes shortly after Lin Junyang, the technical leader of Alibaba's Qwen foundational AI models, announced his resignation. Lin confirmed in a post on X that he was stepping down, prompting reactions from several companies in the AI community that praised his contributions to open-source development. Ali
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Elon Musk Praised Alibaba's LLM. Then Its Leader Quit: 'Bye My Beloved Qwen' (UPDATED) [Yahoo! Finance]Yahoo! Finance
- JD Stock Falls After Q4 Earnings Miss. Food-Delivery Battle Is Sinking Profits. [Yahoo! Finance]Yahoo! Finance
- Alibaba to form task force to accelerate AI development [Seeking Alpha]Seeking Alpha
- Mainland Traders Sell a Record $3.5 Billion of Hong Kong Stocks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mainland Traders Sell a Record $3.5 Billion of Hong Kong Stocks [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 11/25/25 - Beat
BABA
Sec Filings
- 3/3/26 - Form 6-K
- 2/12/26 - Form 13F-HR
- 2/4/26 - Form 6-K
- BABA's page on the SEC website