A 2.4-trillion-parameter mixture-of-experts model with roughly 95 billion parameters active per request, a million-token context, and benchmark scores Alibaba puts within about two points of the Western frontier. The weights go to Hugging Face next week. Fable 5 was briefly considered capable enough to warrant export controls; a model claiming the same neighborhood, released open-weight out of Hangzhou, is a fact about what export controls can hold.