# Chinese e-commerce giant Alibaba (BABA) recently released the beta version of its AI model, which it calls Happy Horse.

*genai · news · 2026-04-29 · Barchart*

## Key points

- Alibaba's Happy Horse AI model achieved top ratings in text-to-video and image-to-video generation.
- Alibaba is reportedly in talks to invest in Chinese AI-model maker DeepSeek, known for cost-effective AI.
- Alibaba's Cloud Intelligence Unit revenue jumped 36% year-over-year to $6.19 billion in the December quarter.
- E-commerce Customer Management Revenue increased only 1% year-over-year, indicating stagnation in core business.
- The U.S.-Iran war is negatively impacting China's economy, further threatening Alibaba's e-commerce outlook.

**Companies:** Alibaba
**Countries:** China, Iran, United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1600770/as-alibaba-rolls-out-the-happy-horse-ai-model-should-you-buy-sell-or-hold-baba-stock)

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