Alibaba’s Qwen AI App Achieves 10 Million Downloads in Stellar Launch
Alibaba Group Holding Ltd. has successfully relaunched its Qwen AI app, achieving over 10 million downloads within just one week. This rapid growth indicates promising prospects for Alibaba’s strategy to compete with OpenAI’s ChatGPT.
Significant Market Response
Following the announcement, Alibaba’s stock rose more than 5% on Monday in Hong Kong. This increase reflects investor optimism regarding the app’s potential.
Details of the Relaunch
In an effort to enhance user experience, Alibaba unified its previously existing apps under the Qwen branding. Both iOS and Android platforms received updates, contributing to the app’s impressive download figures.
Qwen AI App Overview
- 10 million downloads achieved in one week.
- Relaunch symbolizes Alibaba’s commitment to AI development.
- Stock market reacts positively with a 5% increase.
- Unified app experience for users across iOS and Android.
Alibaba aims to establish a strong foothold in the competitive AI market. The quick adoption of Qwen showcases the growing interest in AI tools among consumers. As the technology evolves, Alibaba’s focus will be on further enhancing its services to compete effectively.
