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Alibaba releases new Qwen AI model with performance rivalling Anthropic's Fable

Published

3 August 2026

Topic

ai

Sectors

AI & ML

Geography

China

Source

Read at businesstimes.com.sg

Verified

Fusion42 · 3 August 2026 · Fusion42 review

Alibaba has released the Qwen3.8-Max AI model with 2.4 trillion parameters, matching or outperforming Anthropic's Fable 5 on multiple benchmarks and challenging perceptions about the gap between Chinese and US AI capabilities.

This Wire brief sits within Fusion42's coverage of AI & ML. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

◆ The Wire takeaway

You face a new rival in Alibaba’s rapidly maturing AI models that challenge US dominance and US export restrictions. Move quickly to test integrations or partnerships before this competition reshapes client expectations.

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Topics

AI & MLalibabaai-modelchina-aianthropicqwen3-8-max