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.
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.
Beijing, February 19, 2025 – Chinese AI startup DeepSeek is considering its first-ever outside funding round, attracting interest from major investors including Alibaba and leading state funds, according to sources cited by The Information.
libaba has unveiled Qwen 2.5-Max, a new AI model that it claims surpasses DeepSeek-V3, OpenAI’s GPT-4o, and Meta’s Llama-3.1-405B across multiple benchmarks. The release, made on the first day of the Lunar New Year, underscores the growing competition among Chinese AI developers.
French President Emmanuel Macron dismissed Russia’s criticism on Thursday, after the Kremlin warned him over nuclear rhetoric. Speaking at an EU summit in Brussels, he accused Moscow of imperialism and said Russia’s strong reaction showed his claims were true.
Torrential rains triggered severe flooding in eastern Spain on Thursday, sweeping away cars and forcing school evacuations. Authorities closed roads in Murcia, Valencia, and Catalonia, with officials urging residents to stay indoors.
Ukrainian President Volodymyr Zelenskyy announced he will visit Saudi Arabia on Monday to meet Crown Prince Mohammed bin Salman, aiming to advance peace efforts. His team will remain in the country for talks with U.S. partners, he said in a Telegram post.
North Korea criticised upcoming U.S.-South Korea military drills on Friday, warning they would worsen tensions on the Korean Peninsula, state media KCNA reported. The annual Freedom Shield exercises are set to begin on Monday and last until March 20.
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some from Canada for one month, easing concerns over a broader trade war.
Norway’s government has affirmed that it will continue to supply fuel for U.S. Navy vessels, dismissing recent calls from a private marine fuel supplier to halt deliveries amid tensions linked to U.S.-Ukrainian relations.
President Donald Trump is preparing a new travel ban that could block entry for people from Afghanistan and Pakistan as early as next week. The move is part of an intensified immigration crackdown.
EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Kaja Kallas, will chair the 20th EU-Central Asia Ministerial meeting hosted this year by Turkmenistan, in Ashgabat, on 4 March.
Watch AnewZ Live Coverage of the Trump-Zelenskyy meeting at the Oval Office at https://anewz.tv/tv-live
Ukrainian President Volodymyr Zelenskyy reaffirmed his respect for the United States and its people in an interview with Fox News, following a tense meeting with U.S. President Donald Trump at the White House.
Intuitive Machines' Athena lander has reached the moon, but its status remains unclear after a tense landing, marking the company's second lunar attempt.
YouTube has introduced a new subscription tier, Premium Lite, which offers an ad-free viewing experience on most videos for $8 per month in the United States, according to company sources.
Apple has launched a legal challenge against the British government over a directive requiring the company to create a backdoor for encrypted iCloud accounts, according to reports by the Financial Times.
OpenAI is reportedly gearing up to launch a suite of specialized AI “agent” products that could cost users as much as $20,000 per month, according to The Information.
esearchers from Istanbul University and Akdeniz University have uncovered surprising details about the CN Lyn star system that defy established models of star formation.
French President Emmanuel Macron dismissed Russia’s criticism on Thursday, after the Kremlin warned him over nuclear rhetoric. Speaking at an EU summit in Brussels, he accused Moscow of imperialism and said Russia’s strong reaction showed his claims were true.
Torrential rains triggered severe flooding in eastern Spain on Thursday, sweeping away cars and forcing school evacuations. Authorities closed roads in Murcia, Valencia, and Catalonia, with officials urging residents to stay indoors.
Ukrainian President Volodymyr Zelenskyy announced he will visit Saudi Arabia on Monday to meet Crown Prince Mohammed bin Salman, aiming to advance peace efforts. His team will remain in the country for talks with U.S. partners, he said in a Telegram post.
North Korea criticised upcoming U.S.-South Korea military drills on Friday, warning they would worsen tensions on the Korean Peninsula, state media KCNA reported. The annual Freedom Shield exercises are set to begin on Monday and last until March 20.
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some from Canada for one month, easing concerns over a broader trade war.
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