Alibaba Group Holding Limited (NYSE:BABA) has recently emerged as one of the 13 best global stocks to buy, following the launch of its advanced open-source AI model, Qwen3-Coder, on July 23. This innovative coding tool excels in code generation and managing complex workflows, outperforming competitors like DeepSeek and Moonshot AI. Performance tests indicate that Qwen3-Coder matches or closely follows top U.S. models, such as OpenAI’s GPT-4 and Anthropic’s Claude.
This advancement comes amid fierce competition among Chinese tech firms in the AI sector. Alibaba highlights that Qwen3-Coder enhances programming efficiency and accessibility through its agentic capabilities and compatibility with popular developer interfaces. While Alibaba shows potential as an investment, some analysts suggest that other AI stocks may offer higher upside with lower risk. For investors, exploring undervalued AI stocks, particularly in the context of trade trends, could yield significant benefits. Discover more in our detailed report.
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