According to @ReutersBiz, Alibaba announced Qwen3-Max, its largest artificial intelligence language model to date, underscoring AI as a core business strategy; source: Reuters Business tweet reut.rs/46iGaIK, Sep 24, 2025. According to @ReutersBiz, the announcement provides a clear headline and timestamp for monitoring BABA US ADRs around Alibaba’s AI strategy updates; source: Reuters Business tweet reut.rs/46iGaIK, Sep 24, 2025. According to @ReutersBiz, the cited post did not include pricing, deployment timing, or financial metrics for Qwen3-Max; source: Reuters Business tweet reut.rs/46iGaIK, Sep 24, 2025.

According to @business, Alibaba will raise its AI development spending to build a complete AI ecosystem that rivals U.S. competitors, a headline that puts near-term investment intensity and guidance in focus for BABA ADR and 9988.HK; source: Bloomberg (@business) tweet and article link: https://www.bloomberg.com/news/articles/2025-09-24/alibaba-to-raise-spending-on-ai-above-50-billion-plan. Alibaba’s AI stack is anchored by Alibaba Cloud and its Tongyi Qianwen large language model, which Alibaba has made available for enterprise use in China; source: Alibaba Group and Alibaba Cloud product and news pages: https://www.alibabagroup.com/en-US/news and https://www.alibabacloud.com. A key execution variable remains access to advanced AI chips in China, as U.S. export controls restrict supply of leading-edge accelerators, influencing model training and inference scale; source: U.S. Department of Commerce, Bureau of Industry and Security, October 2023 rules update: https://www.bis.doc.gov. Crypto angle: large-scale AI investment headlines from megacap tech have been tracked by market analysts as catalysts for AI-related crypto sectors; traders may watch AI tokens and majors such as BTC and ETH for sentiment shifts following this news; source: Kaiko Research market commentary: https://kaiko.com/research.

According to @business, Alibaba has secured China Unicom as a customer for its AI chips, indicating growing traction for its domestic semiconductor push, source: Bloomberg. Alibaba Group Holding trades under BABA on the NYSE and 9988 on the Hong Kong Stock Exchange, while China Unicom trades under 0762 on the Hong Kong Stock Exchange, source: NYSE; Hong Kong Exchanges and Clearing. The report did not mention any cryptocurrencies and identified no direct token-market impact, so near-term crypto implications are not specified in the story, source: Bloomberg.