【AI+9988】Alibaba's stock price rebounds 2% ending a six-day decline; rumors about the Qianwen model team collectively leaving are denied.

SocialAnxietyStaker · 2026-03-06T04:10:53+00:00

Alibaba recently refuted rumors regarding the "Qianwen Model core team collectively leaving," emphasizing that the team is stable and continues to operate, with the open-source strategy unchanged. Alibaba's stock price has stabilized, and the CEO also confirmed the resignation of CTO Lin Junyang, reaffirming the company's commitment to attracting top AI talent and promoting the development of large model technology.

SocialAnxietyStaker

2026-03-06 04:10:53

Abstract generation in progress

Alibaba (09988) Recently, rumors circulated online about the “collective resignation of the Qianwen Model core team” and “adjustments to open-source strategies.” Alibaba Group has issued a denial. Alibaba’s stock price stabilized, rising 2% to a high of 129.9 yuan, ending a six-day decline.

Alibaba stated:

The Qianwen Model team is currently stable, and there is no “collective resignation” situation. All products and services are operating normally.
Qianwen will adhere to its open-source strategy. The foundational model team has never set commercial KPIs such as DAU. The goal of the Qwen large model is to continuously pursue the upper limits of model intelligence and achieve AGI.
Alibaba sincerely welcomes top AI talent worldwide to join and jointly build world-class large model technology and open-source ecosystems. Alibaba will continue to increase investment, providing strong support for the Qianwen team to reach new technological heights.

Lin Junyang, head of the Qianwen open-source large model technology, suddenly announced his resignation early Wednesday morning. Alibaba CEO Wu Yongming later responded to Lin Junyang’s departure in an internal email, stating that the company has approved Lin Junyang’s resignation and will continue to uphold its open-source model strategy.

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