🟢 Alibaba Group is trading 4.9% up today on reports of OpenAI and Google AI model access

Alibaba Group is trading at $117.88, up 4.9% in after-hours sessions following reports that OpenAI and Google are supplying advanced AI models to the company's Singapore unit.

• The supply of advanced models highlights significant AI growth potential for the firm while exposing a potential regulatory gap in U.S. export controls.
• This AI-focused narrative is driving renewed investor interest in the company's technological roadmap.
• The move follows a strong regular trading session and comes amid a generally firmer broader market backdrop.