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.
The model aims to enhance Alibaba’s presence in the generative AI sector and is available as open-source.
OpenAI on Tuesday introduced a suite of new developer tools designed to streamline the creation of advanced AI agents, signaling a strategic move amid intensifying competition from Chinese AI startups.
Alibaba is now offering free, open-source access to its latest generative AI models capable of producing highly realistic videos and images from text and image inputs. The move, which sees the company releasing four variants of its Wan 2.1 series, is expected to boost innovation among researchers, a
Alibaba announced on Tuesday that it will release an open-source version of its video and image-generating AI model, Wan 2.1, as part of its ongoing efforts to foster innovation and collaboration within the AI community.
Bengaluru/Beijing, February 24, 2025 – Chinese e-commerce giant Alibaba (9988.HK) announced on Monday plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
According to a statement released by the Press Center of the State Border Service of the Republic of Azerbaijan, an attempt by an organised criminal group to illegally cross the state border and smuggle narcotics was successfully prevented on April 8.
Iran and Armenia conducted joint military exercises on April 9–10 along their shared border, focusing on counterterrorism reinforcing regional stability. The exercises involved high-level military personnel and were aimed at neutralising simulated terrorist threats targeting border checkpoints.
Azerbaijani Foreign Minister Jeyhun Bayramov and Armenian Foreign Minister Ararat Mirzoyan met on April 12 during the Antalya Diplomacy Forum to discuss the status of normalisation efforts between the two countries.
Former South Korean President Yoon Suk Yeol returned to his private home on Friday from the official residence after his removal from office, with crowds of supporters turning out to greet his motorcade.
The bonds of strategic partnership between Türkiye and Azerbaijan continue to grow stronger.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 10th, covering the latest developments you need to know.
A quiet Thursday afternoon at St. Peter’s Basilica turned into something extraordinary, as visitors caught a rare glimpse of Pope Francis — not in his familiar white papal robes, but dressed in black trousers and a striped blanket.
The death toll from the catastrophic roof collapse at a nightclub in Santo Domingo has risen to 98, with more than 160 people injured, according to Dominican authorities.
The European Union will begin imposing retaliatory tariffs on U.S. products next week in response to President Donald Trump's sweeping trade measures, joining other global powers in escalating a trade conflict.
In a dramatic about-face, U.S. President Donald Trump on Wednesday announced a 90-day pause on newly implemented tariffs for dozens of countries — a move that eased market turmoil but further escalated tensions with China.
A former Meta executive, Sarah Wynn-Williams, testified before U.S. senators on Wednesday, alleging that the company compromised national security to build a lucrative business in China.
The EU is preparing to rule on Apple and Meta’s alleged breaches of the Digital Markets Act, potentially issuing fines as it seeks to curb Big Tech’s dominance and reinforce fair competition across the digital landscape.
US Senators Elizabeth Warren and Ron Wyden are pressing Google and Microsoft for details on their AI partnerships, raising concerns that such deals may stifle competition, breach antitrust laws, and limit innovation in the fast-growing AI sector.
A Russian Soyuz spacecraft carrying an American astronaut and two Russian cosmonauts blasted off from the Baikonur cosmodrome in Kazakhstan on Tuesday for the International Space Station (ISS), Russia's Roscosmos space agency said.
Meta Platforms has unveiled the latest iteration of its large language model, introducing two new versions—Llama 4 Scout and Llama 4 Maverick—on Saturday.
According to a statement released by the Press Center of the State Border Service of the Republic of Azerbaijan, an attempt by an organised criminal group to illegally cross the state border and smuggle narcotics was successfully prevented on April 8.
Iran and Armenia conducted joint military exercises on April 9–10 along their shared border, focusing on counterterrorism reinforcing regional stability. The exercises involved high-level military personnel and were aimed at neutralising simulated terrorist threats targeting border checkpoints.
Azerbaijani Foreign Minister Jeyhun Bayramov and Armenian Foreign Minister Ararat Mirzoyan met on April 12 during the Antalya Diplomacy Forum to discuss the status of normalisation efforts between the two countries.
Former South Korean President Yoon Suk Yeol returned to his private home on Friday from the official residence after his removal from office, with crowds of supporters turning out to greet his motorcade.
The bonds of strategic partnership between Türkiye and Azerbaijan continue to grow stronger.
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