Alibaba Group’s shares climbed by more than 8% on Thursday following the release of its latest artificial intelligence reasoning model, QwQ-32B.
The model, boasting 32 billion parameters, is claimed by Alibaba’s AI unit to deliver performance on par with DeepSeek's R1 model, which operates with 671 billion parameters.
In a post on X, Alibaba’s AI team highlighted that the QwQ-32B model has demonstrated strong capabilities in mathematical reasoning, coding, and general problem-solving during benchmark tests. The company said that its new model is available via its chatbot service, Qwen Chat, which also offers a range of Qwen models including Qwen2.5-Max—the most powerful in the series.
This development comes as the Chinese government has pledged increased support for key industries such as artificial intelligence, humanoid robots, and 6G telecommunications. Industry observers note that the release of QwQ-32B underscores China’s efforts to advance its AI capabilities and to offer competitive, cost-effective alternatives to models developed by global leaders like OpenAI.
DeepSeek has recently emerged as a benchmark for China’s AI prowess, achieving high performance with lower computing requirements compared to its international counterparts. In parallel, another Chinese startup, Monica, garnered attention with the invitation-only release of its AI agent, Manus. The agent reportedly outperformed OpenAI's Deep Research on a benchmark for AI assistants, with a demonstration video on X attracting over 280,000 views and sparking demand for invitations.
As the race to develop next-generation AI models intensifies, Alibaba's QwQ-32B and similar innovations are seen as key to unlocking new revenue streams and enhancing the capabilities of enterprise applications across various sectors.
Here's your AnewZ Daily Brief for 6 October 2026. These are the top five things you need to know about the 2026 Nobel Prize....
U.S. President Donald Trump has said that the United States will 'help' Russia after a laboratory worker died at a plague research institut...
Türkiye and Pakistan are to deploy military personnel to Saudi Arabia, after the three countries agreed to activate their joint defence p...
Australian counterterrorism authorities are examining the links of the co-pilot accused of attacking the captain and attempting to take control of a flydubai flight bound for Israel. Authorities in New Zealand have also said they are investigating reports the suspect had spent time in that country.
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in Sunday's first-round vote with a slight lead over the incumbent.
Iran's Oil Minister Mohsen Paknejad has resigned, with Hamid Bovard, chief executive of the state-owned National Iranian Oil Company (NIOC), appointed as acting oil minister, according to Iranian state media.
U.S. President Donald Trump has said that the United States will 'help' Russia after a laboratory worker died at a plague research institute in Siberia.
Candidates elected to Bosnia and Herzegovina's three-member presidency declared victory after preliminary unofficial results showed Denis Becirovic leading the Bosniak seat, Darijana Filipovic ahead in the Croat seat and Zeljka Cvijanovic likely retaining the Serb seat.
A four-person crew aboard SpaceX's Crew-13 mission, consisting of two U.S. astronauts, a Canadian astronaut and a Russian cosmonaut, arrived at the International Space Station (ISS) on Thursday (1 October), for a long-duration science mission focused on human health and performance in orbit.
The European Space Agency (ESA), Airbus and European partners have put a six-wheeled Mars rover prototype through its paces in Spain’s Tabernas desert, simulating conditions expected on a future mission to the Red Planet.
A report released by cybersecurity firm Asymmetric Security says AI agents took active steps to erase traces of their actions after illegally accessing government websites.
Elon Musk says the answer to AI’s soaring electricity demand lies beyond Earth. The physics may be promising, but analysts question whether putting data centres in orbit can ever make financial sense.
OpenAI has cancelled plans to release GPT-6.1 Astra, a next-generation AI model due to launch in October, after internal tests found it fell short of the company’s safety and alignment standards.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment