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.
Russian President Vladimir Putin held more than three hours of talks with U.S. envoys Steve Witkoff and Jared Kushner in Moscow on efforts to end t...
U.S. ambassador to Israel Mike Huckabee told reporters on Saturday that there is no plan underway to force Palestinians out of Gaza, following Isra...
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar wi...
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
The United States and China are preparing to hold their first official bilateral talks focused exclusively on artificial intelligence as concerns grow over the risks posed by increasingly capable AI systems.
AI may live in the cloud, but the infrastructure powering it is anything but virtual. As data centres consume ever more electricity and water, the race is on to find new ways to keep the machines running.
Hua Hong Semiconductor, China's second-largest contract chipmaker, is investing $2 billion to build a new fabrication plant in Wuxi, China as part of a push to expand capacity as domestic demand for AI-related chips outstrips what the industry can currently produce.
A humanoid robot developed by Chinese smartphone maker Honor has run 100 metres in 9.32 seconds, beating Usain Bolt's men's world record of 9.58 seconds, China's state broadcaster reported on Saturday.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
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