On November 24, Alibaba announced Qwen3Max, which had been in public beta for a week , and had already surpassed 10 million downloads. It was a record that shattered all others. In a very short time, it had overshadowed ChatGPT, Sora , and even DeepSeek , becoming the fastest-growing AI application ever seen. It was Alibaba’s second China move in 2025 , after DeepSeek had already shaken up the industry earlier this year. The Chinese giant’s shares rose 4.13% in Hong Kong. No overly pompous official announcements, no flashy livestream events: just numbers that spoke for themselves. And the markets, as usual,