Alibaba Group Holding Limited
Investment Thesis
Alibaba's rapid AI commercialization momentum presents a compelling growth inflection at current levels. The surprise reveal of HappyHorse 1.0 topping global video AI benchmarks and the release of Qwen 3.5 Omni demonstrate accelerating technical execution despite recent talent concerns. Strategic investments in brain-machine interfaces alongside three new closed-source models in three days signal aggressive monetization focus, validating the $100B cloud/AI revenue target while the stock trades near 6-month lows.
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