Alibaba Stock Is Rising. The China AI Spotlight Is Shifting From DeepSeek. - Barron's

1. Alibaba released a new AI model, QwQ-32B, rivaling DeepSeek. 2. Shares gained 8.4% amid positive sentiment around AI developments. 3. Alibaba's ADRs rose 66% this year fueled by AI and cloud investments. 4. Investment of 380 billion yuan in AI and cloud over three years announced. 5. Barron's named Alibaba a stock pick for 2025, suggesting significant growth potential.