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.
DeepSeek, a rising AI startup, has disrupted both domestic and international markets with its recent AI models, prompting rivals like Alibaba and ByteDance to accelerate their advancements. The affordability and open-source nature of DeepSeek-V2, released last May, triggered a price war in China, leading Alibaba and others to significantly reduce AI service costs.
Despite intense competition, DeepSeek founder Liang Wenfeng has downplayed concerns over pricing, emphasizing the company's focus on achieving artificial general intelligence (AGI). With a lean research-driven approach, DeepSeek is positioning itself as a formidable challenger to China’s tech giants in the race for AI supremacy.
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.
EU Commission President Ursula von der Leyen announced on Tuesday that new plans to strengthen Europe’s defence industry and enhance military capabilities could mobilise close to €800 billion (approximately $841.4 billion).
On March 4, President of the Republic of Azerbaijan Ilham Aliyev met with Nail Maganov, General Director of Russia’s "Tatneft," Askhat Khassenov, Chairman of the Management Board of Kazakhstan’s "KazMunayGas," and Bakhodirjon Sidikov, Chairman of the Board of Uzbekistan’s "Uzbekneftegaz."
Azerbaijan and Kazakhstan have signed an agreement to design and build the Trans-Caspian Fiber Optic Cable Line, which will connect the two countries as part of the Digital Silk Way project.
A severe wildfire in northeastern Japan has been burning for seven days, destroying homes and forcing the evacuation of residents.
A centuries old tradition of cheese-throwing has brought excitement to the town of Novara di Sicilia as its residents both young and old trooped out en masse to participate in the game.
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.
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.
DBS Group, Southeast Asia’s largest bank, announced plans to cut approximately 4,000 jobs - about 10% of its current workforce - over the next three years as artificial intelligence increasingly assumes roles traditionally performed by human employees.
EU Commission President Ursula von der Leyen announced on Tuesday that new plans to strengthen Europe’s defence industry and enhance military capabilities could mobilise close to €800 billion (approximately $841.4 billion).
A severe wildfire in northeastern Japan has been burning for seven days, destroying homes and forcing the evacuation of residents.
North Korea has warned of increased provocations in response to the U.S. deploying its aircraft carrier, USS Carl Vinson, in South Korea.
EU Commission President Ursula von der Leyen announced on Tuesday that new plans to strengthen Europe’s defence industry and enhance military capabilities could mobilise close to €800 billion (approximately $841.4 billion).
On March 4, President of the Republic of Azerbaijan Ilham Aliyev met with Nail Maganov, General Director of Russia’s "Tatneft," Askhat Khassenov, Chairman of the Management Board of Kazakhstan’s "KazMunayGas," and Bakhodirjon Sidikov, Chairman of the Board of Uzbekistan’s "Uzbekneftegaz."
Azerbaijan and Kazakhstan have signed an agreement to design and build the Trans-Caspian Fiber Optic Cable Line, which will connect the two countries as part of the Digital Silk Way project.
A severe wildfire in northeastern Japan has been burning for seven days, destroying homes and forcing the evacuation of residents.
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