Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Alibaba Unveils AI-Powered Quark App to Compete in China’s AI Race

by Team Lumida
March 13, 2025
in AI
Reading Time: 4 mins read
A A
0
Alibaba Unveils AI-Powered Quark App to Compete in China’s AI Race
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  • Alibaba launched a revamped version of its AI assistant app, Quark, powered by its in-house Qwen reasoning model.
  • The app integrates advanced features like chatbots, deep thinking, task execution, image generation, and travel planning.
  • The launch is part of Alibaba’s broader strategy to compete with Chinese AI rivals like DeepSeek and ByteDance.
  • Alibaba is accelerating its AI efforts, benchmarking its models against competitors and forming strategic partnerships, including with Apple.

What Happened?

Alibaba Group Holding Ltd. introduced a new version of its AI assistant app, Quark, which leverages its proprietary Qwen reasoning model. The updated app combines multiple functionalities, including chatbot interactions, deep thinking, and task execution, into a single platform. It can perform tasks such as generating images, planning travel, and even writing meeting minutes. The app is being rolled out gradually, starting with a pilot program. This launch follows Alibaba’s recent unveiling of the R1-Omni model, which can read emotions, and is part of a series of AI product rollouts aimed at keeping pace with competitors like ByteDance and DeepSeek.


Why It Matters?

Alibaba’s aggressive push into AI reflects the intensifying competition in China’s artificial intelligence market. The launch of Quark, alongside other AI abilities, positions Alibaba to challenge rivals like ByteDance and DeepSeek, which have gained attention with innovative AI models. By integrating advanced features into Quark, Alibaba aims to create a comprehensive AI platform that appeals to both consumers and businesses. For investors, this signals Alibaba’s commitment to maintaining its leadership in the AI space, which could drive long-term growth and innovation. Additionally, partnerships like the one with Apple highlight Alibaba’s strategy to expand its AI ecosystem globally.


What’s Next?

Alibaba plans to continue rolling out Quark to a broader user base while refining its AI capabilities. The company’s focus will likely remain on benchmarking its Qwen model against competitors and expanding its AI offerings across various sectors. Investors should watch for further product launches, strategic partnerships, and updates on user adoption rates for Quark. Additionally, the broader implications of China’s AI race, including regulatory developments and market dynamics, will play a critical role in shaping Alibaba’s future in this space.

Source
Previous Post

Generali Reports Strong Operating Profit Growth on Higher Premiums

Next Post

Foreign Investors Boost Demand for China’s Bank Debt, Supporting Yuan Stability

Recommended For You

Viral Citrini “AI Crisis” Scenario Becomes a Market Catalyst, Triggering One-Day Risk-Off

by Team Lumida
6 hours ago
Viral Citrini “AI Crisis” Scenario Becomes a Market Catalyst, Triggering One-Day Risk-Off

Key takeaways Powered by lumidawealth.com Citrini Research published a “2028 Global Intelligence Crisis” scenario that quickly went viral and became a catalyst for a broad selloff. The S&P 500...

Read more

Apple’s “Made-in-USA” Chip Push: Big Spend, Slow Reality, and a Long Lead-Time to Resilience

by Team Lumida
1 day ago
Apple’s “Made-in-USA” Chip Push: Big Spend, Slow Reality, and a Long Lead-Time to Resilience

Key takeaways Powered by lumidawealth.com Apple is anchoring U.S. chip reshoring by committing to buy 100M+ chips from TSMC Arizona and supporting upstream/downstream suppliers (wafers, packaging, assembly). The strategy...

Read more

Viral AI “Doomsday” Memo Sparks Risk-Off: Stocks Slide as Investors Reprice White-Collar Disruption

by Team Lumida
1 day ago
Viral AI “Doomsday” Memo Sparks Risk-Off: Stocks Slide as Investors Reprice White-Collar Disruption

Key takeaways Powered by lumidawealth.com A viral Citrini Research scenario catalyzed a sharp risk-off move, contributing to a Dow drop of 822 points (-1.7%) alongside fresh tariff uncertainty. Investors...

Read more

Meta’s AI Spending Boom: Record Cash Flow Masks Heavy Debt and Stock-Comp Costs

by Team Lumida
2 days ago
Meta’s AI Spending Boom: Record Cash Flow Masks Heavy Debt and Stock-Comp Costs

Key takeaways Powered by lumidawealth.com Meta reported $43.6B in free cash flow (2025), yet $42B in cash costs tied to stock-based compensation consumed ~96% of it. The company more...

Read more

OpenAI Confirms Chip Supply Stability Amid Industry Shortage, Stresses Global AI Safety Standards

by Team Lumida
5 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key takeaways Powered by lumidawealth.com OpenAI has visibility into its chip supply needs, despite the ongoing global shortage, and is working closely with strategic partners to ensure supply. The...

Read more

U.S. Imports More From Taiwan Than China for the First Time, Shifting Trade Dynamics

by Team Lumida
5 days ago
AI Investment Boom: How Tech Giants Are Leading the Charge

Key takeaways Powered by lumidawealth.com U.S. imports from Taiwan more than doubled in December, reaching $24.7 billion, surpassing China’s $21.1 billion for the first time in decades. Taiwan's AI...

Read more

OpenAI Nears Record $100B+ Funding Round, Valuation Could Top $850B as Strategic Backers Line Up

by Team Lumida
6 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key takeaways Powered by lumidawealth.com OpenAI is close to finalizing the first phase of a new funding round that could raise more than $100B, potentially a record for private...

Read more

Abu Dhabi’s MGX Turns AI Investing Into a $100B+ Power Play Across Models, Chips, and Data Centers

by Team Lumida
7 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key Takeaways Powered by lumidawealth.com MGX, created in 2023, plans to invest up to $10B annually and targets $100B+ AUM, making it one of the most influential AI capital...

Read more

Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

by Team Lumida
1 week ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Key Takeaways Powered by lumidawealth.com The Pentagon is reviewing its relationship with Anthropic over limits the company places on how its Claude AI models can be used in military...

Read more

AI Job-Loss Panic Is Running Ahead of the Data, Says Bloomberg Opinion

by Team Lumida
1 week ago
AI Job-Loss Panic Is Running Ahead of the Data, Says Bloomberg Opinion

Key Takeaways Powered by lumidawealth.com Viral AI narratives are driving market sentiment, but evidence for large-scale white-collar job displacement remains limited. Productivity and labor-market data show only modest change...

Read more
Next Post
China’s Central Bank Embraces Hedge Fund Tactics to Tame $4 Trillion Bond Market

Foreign Investors Boost Demand for China’s Bank Debt, Supporting Yuan Stability

Intel Appoints Lip-Bu Tan as CEO, Shares Surge 12% in After-Hours Trading

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Tech Giants Plan to Skirt Trump’s $100,000 H-1B Fee

Tech Giants Plan to Skirt Trump’s $100,000 H-1B Fee

February 11, 2026
Fed Official Warns of Inflation Risks Under Trump Presidency

IMF Chief: Trump’s Tariff Threats and Trade Policy Uncertainty Elevate Global Economic Risks for 2025

January 11, 2025
close-up photo of monitor displaying graph

Bond Market Rallies as Weak Jobs Report Fuels Bets on Fed Rate Cuts

August 4, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018