Alibaba Cloud, a subsidiary of BABA-W (09988.HK) -5.800 (-4.059%) Short selling $1.38B; Ratio 14.676% , announced the open-source release of its new generation large model, Qwen3.5-Plus. This model features a total of 397 billion parameters, with only 17 billion activated, and is expected to outperform the Qwen3-Max model with over a trillion parameters. The deployment reduces memory usage by 60%, significantly enhancing inference efficiency, with maximum inference throughput potentially increasing up to 19 times. The Qwen APP and PC end integrated the Qwen3.5-Plus model, with its API price as low as RMB0.8 per million tokens.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-02 12:25.)Related NewsCMS: BABA-W (09988.HK) Builds Full-stack AI Layout, Remains Top Pick in CN Internet Sector