Alibaba Group Holding Ltd. has released its third proprietary AI model in as many days, reinforcing the company’s intent to focus on profiting off its flagship artificial intelligence services. China’s e-commerce leader unfurled the agentic AI-focused Qwen3.6-Plus on Thursday, days after it trotted out upgrades to an image-generation platform and a multimodal model that can understand inputs like ...
Alibaba Group Holding Ltd. has released its third proprietary AI model in as many days, reinforcing the company’s intent to focus on profiting off its flagship artificial intelligence services. China’s e-commerce leader unfurled the agentic AI-focused Qwen3.6-Plus on Thursday, days after it trotted out upgrades to an image-generation platform and a multimodal model that can understand inputs like voice and images as well as text. All three are closed-source, meaning developers cannot download and access its code, or adapt the technology for their own purposes. That runs counter to the typical practice of many Chinese developers including MiniMax Group Inc. and DeepSeek , which prefer to open up their models to promote usage and adoption. Alibaba’s Qwen platforms are among the world’s most popular in part because of their open nature. But the internet pioneer is now driving a major restructuring aimed at generating income off its sprawling AI effort. While Alibaba has emphasized it will continue to release open-source models, going proprietary in select instances allows Alibaba to retain greater control and charge more users directly. Read More: Alibaba Targets $100 Billion of AI Revenue in Five Years Alibaba’s keen to monetize its growing AI portfolio in part to counter weakness in its e-commerce business, which is grappling with fierce domestic competition. The company is moving to shore up its bottom-line in other ways. Alibaba in March launched an agentic AI service known as Wukong for company clients, and hiked prices for its cloud and storage services by as much as 34%. The latest model, Qwen3.6-Plus, will be integrated with Wukong, the flagship Qwen app and other agentic AI services.
Anne Czichos/iStock Editorial via Getty Images As much as I somehow enjoy showing when I have done something that's slightly off in terms of valuing a business (i see it as a good thing and a good opportunity to learn), I of course like it even more when I get to take a victory lap. Munich RE, which has now underperformed for over a year since 2 articles ago when I rated it "HOLD", as well as my l...
Anne Czichos/iStock Editorial via Getty Images As much as I somehow enjoy showing when I have done something that's slightly off in terms of valuing a business (i see it as a good thing and a good opportunity to learn), I of course like it even more when I get to take a victory lap. Munich RE, which has now underperformed for over a year since 2 articles ago when I rated it "HOLD", as well as my last article on the company, which you can find here , is also a "HOLD". Seeking Alpha MURGY Article RoR This goes beyond just a "lucky guess", in my view, and goes to an expertise that I believe I have established to some extent when it comes to looking at Insurance and reinsurance companies, particularly in the European sector. I might not always get the timing 100% right; in fact, I sold both MURGY and ALIZY, two of my main picks years ago, a bit too early. However, since, I have been correct in rating them both "HOLD" due to the state of the industry, macro, and more importantly, their respective valuation. I don't mention the company's fundamentals because there is very little that could be argued to be wrong with MURGY's fundamentals. The company is so superbly rated that it's one of the very few companies in the world with an AA credit rating. The company, as it stands, has a market capitalization of about 68B EUR. There's also, if you're so inclined, a pretty strong case to make for why things are going to grow from here on out. The reason I'm updating here after about 9 months is that it's time to revisit my share price estimate. While I do believe I was right in "HOLD", it's now time to see if the company deserves an upgrade based on the latest results and estimates. So without further ado, let's see what we've got going on here. Munich RE - or Münchner Rückversicherungsgesellschaft is a strong company with superb fundamentals Do not get the wrong idea because I put the company at "HOLD". Some investors believe that when I do this, I don't believe the company will ...
Trump said the US would hit Iran "extremely hard over the next two to three weeks" while diplomatic talks continue, in a rare prime-time address on Wednesday that cast the war as a military success. (Source: Bloomberg)
Trump said the US would hit Iran "extremely hard over the next two to three weeks" while diplomatic talks continue, in a rare prime-time address on Wednesday that cast the war as a military success. (Source: Bloomberg)