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Alibaba's AI Ambition, Amazon Hits $3 Trillion, Apple Goes Subscription

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Bloomberg's Ed Ludlow breaks down Alibaba's latest Qwen model, which claims to have performance on par with Anthropic. The new AI model is Alibaba's biggest yet and has been met with significant attention in the industry.

Amazon has surpassed $3 trillion in market value for the first time, according to Bloomberg. AWS CEO Matt Garman joins after Amazon's cloud and AI-driven earnings report last week extended gains.

The Apple Upgrade program is a new initiative from the iPhone-maker that signals its shift towards becoming a subscription giant. The company aims to reinvent itself with this move, marking a new era of growth.

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