Alibaba (BABA) Stock: Tech Giant Unleashes $431M AI Chatbot War Chest

TLDR Alibaba commits $431 million to promote Qwen AI app during Lunar New Year, starting February 6. The budget is three times larger than Tencent’s $143 million and Baidu’s $71 million for their chatbot promotions. Nine-day holiday period begins February 15, providing extended marketing window. Digital red envelopes will offer dining, entertainment and leisure rewards [...]

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