Alibaba’s commanding 99.1% market-implied probability stems primarily from its rapid August 2026 Qwen releases, including Qwen3.8-Max and the cost-efficient multimodal Qwen3.8-Flash model previewing Qwen4 architecture, which deliver competitive coding, agentic, and multimodal performance at dramatically lower training and inference costs while releasing open weights at scale. Traders see this momentum reinforced by Qwen’s ecosystem leadership—over three billion downloads, hundreds of thousands of derivatives, and Alibaba Cloud’s infrastructure edge—plus a recent HK$80 billion share sale funding further AI expansion. While Moonshot’s Kimi K3 or DeepSeek models lead select benchmarks, their narrower adoption and lack of comparable platform reach leave little room for a late-month reversal before resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedAlibaba 99.1%
Moonshot <1%
Baidu <1%
Z.ai <1%
$1,096,353 Vol.
$1,096,353 Vol.

Alibaba
Yes

Moonshot
No

Baidu
No

Z.ai
No

Xiaomi
No

DeepSeek
No

Bytedance
No

MiniMax
No

Meituan
No

Tencent
No

StepFun
No
Alibaba 99.1%
Moonshot <1%
Baidu <1%
Z.ai <1%
$1,096,353 Vol.
$1,096,353 Vol.

Alibaba
Yes

Moonshot
No

Baidu
No

Z.ai
No

Xiaomi
No

DeepSeek
No

Bytedance
No

MiniMax
No

Meituan
No

Tencent
No

StepFun
No
Chinese Companies include but are not limited to Alibaba, Moonshot, Baidu, Z.ai, Xiaomi, DeepSeek, Bytedance, MiniMax, Meituan, Tencent, and StepFun. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Qualifying Chinese Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Meituan” would be ranked ahead of “Xiaomi”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
Market Opened: Jul 16, 2026, 10:59 PM ET
Resolution Source
https://arena.ai/leaderboard/text/overall-no-style-controlResolver
0x69c47De9D...Outcome proposed: Yes
No dispute
Final outcome: Yes
Chinese Companies include but are not limited to Alibaba, Moonshot, Baidu, Z.ai, Xiaomi, DeepSeek, Bytedance, MiniMax, Meituan, Tencent, and StepFun. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Qualifying Chinese Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Meituan” would be ranked ahead of “Xiaomi”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
Resolution Source
https://arena.ai/leaderboard/text/overall-no-style-controlResolver
0x69c47De9D...Outcome proposed: Yes
No dispute
Final outcome: Yes
Alibaba’s commanding 99.1% market-implied probability stems primarily from its rapid August 2026 Qwen releases, including Qwen3.8-Max and the cost-efficient multimodal Qwen3.8-Flash model previewing Qwen4 architecture, which deliver competitive coding, agentic, and multimodal performance at dramatically lower training and inference costs while releasing open weights at scale. Traders see this momentum reinforced by Qwen’s ecosystem leadership—over three billion downloads, hundreds of thousands of derivatives, and Alibaba Cloud’s infrastructure edge—plus a recent HK$80 billion share sale funding further AI expansion. While Moonshot’s Kimi K3 or DeepSeek models lead select benchmarks, their narrower adoption and lack of comparable platform reach leave little room for a late-month reversal before resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions