BABA(US:BABA) news flash·2025-07-24 08:54Core Insights - Alibaba's AI programming model Qwen3-Coder has garnered significant attention in the global AI community following its release [1] - The API call volume for Alibaba's Qwen model has surpassed 50 billion tokens in just two days, indicating strong demand and usage [1] - Qwen3-Coder has achieved major breakthroughs in coding capabilities and agent invocation, outperforming top models like GPT-4.1 and Claude 4 in various assessments [1] Summary by Categories Company Developments - Alibaba's Qwen3-Coder model has been recognized for its advanced coding and agent capabilities, marking a significant milestone in AI development [1] - The model's performance has led to a notable increase in API usage, with over 50 billion tokens called within a short timeframe [1] Industry Impact - The release of Qwen3-Coder has positioned Alibaba among the leading AI model providers, competing with established models such as GPT, Gemini, and Claude [1] - The rapid adoption of Qwen3-Coder reflects a growing trend in the AI industry towards enhanced coding and agent functionalities [1]