Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI services. The statement came as Alibaba’s stock in New York rose more than 10 per cent on Monday, following news that its flagship Qwen family of AI models surpassed 700 million downloads on the developer platform Hugging Face, making it the world’s most widely adopted open-source AI system. “A defining...