Alibaba Group Holding Limited (NYSE:BABA) launches Qwen3-Coder, its most advanced AI coding tool. The open-source model is designed for code generation and complex workflows, outperforming rival models from DeepSeek and Moonshot AI. Tests show Qwen3-Coder matches or closely follows leading U.S. models like OpenAI’s GPT-4 and Anthropic’s Claude in certain areas. The company highlights Qwen3-Coder’s agentic AI coding capabilities, open-source availability, and compatibility with popular developer tools. The announcement comes amid fierce competition among Chinese tech firms in global AI development.

Read more at Yahoo Finance: Alibaba Group Holding Limited (BABA) Unveils Its Most Advanced AI Coding Tool