Florida Rep. Laurel Lee Sold Up to $265K Worth of Alibaba Gr Hldgs Stock - Alibaba Gr Hldgs (NYSE:BABA), TuHURA Biosciences (NASDAQ:HURA)

Alibaba shares rose as much as 2.8% to HK$130.3, according to Investing.com. The move followed Alibaba’s opening of its Qwen AI platform to third-party developers, enabling integrations across mobile, PCs, and smart devices. The stock also gained ahead of Alibaba’s planned release of unaudited results for the quarter ended June 30, 2026 on Aug. 20, 2026.

Reuters reports Alibaba will require major users of its upcoming open-source Qwen 3.8-Max AI model to negotiate commercial licenses and share revenue from products built with the model. The revenue share rate is not yet set, and the measure may be introduced next week. The plan follows Moonshot’s Kimi K3 licensing, which can require paid deals and up to 30% revenue sharing.

Bloomberg quoted Union Bancaire Privée’s Vey-Sern Ling saying investors may underestimate Chinese AI models under chip limits. Alibaba shares rose over 4%. Alibaba plans to release Qwen3.8 Max weights for public download next week. The article also cites a report that Apple gained approval for Apple Intelligence in China, with Alibaba’s Qwen expected to support it. BABA has a $309B market cap and an average $182.55 price target.

Reuters reports Alibaba plans to require large enterprises using its next open-source AI model, Qwen3.8-Max, to enter revenue-sharing agreements for commercial deployments. Weights would remain freely downloadable, but the revenue share percentage is not finalized. The approach is compared to Moonshot’s Kimi K3, which can seek up to 30% from firms over $20M annual sales. Alibaba shares closed at $126.81.

Alibaba plans to require major users of its open Qwen AI model (Qwen3.8-Max) to share revenue from using the model, starting next week, according to two people familiar with the plans. Details and the percentage are not yet public. The move follows similar revenue-sharing licensing for Moonshot’s Kimi K3 and reflects monetization trends in China’s AI sector.

Reuters reports that Alibaba plans to require major users of its next open-source Qwen model, Qwen3.8-Max, to share revenue from commercial offerings, according to two unnamed sources. The move would mirror Moonshot’s Kimi K3 licensing, which includes revenue-sharing above $20 million in annual sales. Alibaba currently charges for cloud hosting but largely allows open-source use in customer data centers.