Alibaba Group Holding Limited (BABA) announces the most advanced AI coding tools
Alibaba Group Holding Limited (NYSE:Baba) in 13 Best Global Stocks to Buy Now. On July 23rd, the Chinese e-commerce giant announced the launch of QWEN3-Coder, a new open-source AI model for software development.
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The news comes amidst fierce competition among Chinese technology companies in the global AI development race. QWEN3-CODER is built for tasks such as code generation and managing complex coding workflows. Performance data released by Alibaba Group Holding Limited (NYSE: BABA) said the open source coders outperform the rival models of Deepseek and Moonshot AI.
Tests also showed that Alibaba Group Holding Limited (NYSE:BABA) QWEN3-CODER matches performance or are right behind major US models, including OpenAI’s GPT-4 and Anthropic’s Claude in certain regions.
The company said in a statement Wednesday:
“Agent AI coding transforms software development by enabling more autonomous, efficient and accessible programming workflows with open source availability, powerful agent coding capabilities, and seamless compatibility with popular developer tools and interfaces. QWEN3-CODER is deployed as a valuable tool for global software developers.”
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