Alibaba Group Holding Limited (NYSE:BABA) is a key player in the AI stocks that analysts are closely watching. Morgan Stanley analyst Gary Yu reiterated an Overweight rating on the stock with a $180.00 price target. Qwen AI assistant within Alibaba’s ecosystem is expected to play a crucial role in the company’s agentic AI pivot, with over 400 daily tasks and monthly active users exceeding 100 million. The company forecasts artificial intelligence to handle 60-70% of digital-world tasks in the next two years. Qwen is anticipated to evolve into an all-in-one superapp and life assistant.

Read more at Yahoo Finance: Alibaba (BABA) Turns Qwen Into an All-in-One AI Assistant