Alibaba Group Holding share price surges 7% on unveiling DeepSeek contender

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Alibaba Group Holding share price surges 7% on unveiling DeepSeek contender

AIMPWA

March 6, 2025

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Alibaba Group Holdings saw a 7% increase in shares on March 6 after introducing a new model that matches DeepSeek’s performance using significantly less data.

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