Alibaba shares surge after launch of new AI model to rival DeepSeek’s R1
Alibaba's Hong Kong-listed stock surged 8.39 percent to a 52-week high following the announcement of its AI reasoning model—QwQ-32B. The company stated that the model competes with DeepSeeks R1. The new model has greater efficiency,
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.
Alibaba's new AI model rivals DeepSeek and OpenAI, company says
Alibaba (BABA) unveils its new artificial intelligence (AI) reasoning model, QwQ-32B, stating it could rival DeepSeek's own AI while outperforming OpenAI's lower-cost model. Similar to DeepSeek's own market-rattling launch,
Alibaba Expands AI Push With New QwQ-32B Model Taking on DeepSeek In China's AI Race
Alibaba launched new reasoning model comparable to DeepSeek's R1, pledged increased support for AI in China, and committed $53B to cloud and AI infrastructure.
‘Better than DeepSeek and OpenAI’: Alibaba touts open-source AI model that beats rivals
Alibaba says its QwQ-32B AI model outperforms DeepSeek’s R1 in coding and problem solving while using fewer resources.
Alibaba Soars as New AI Model QwQ-32B Challenges DeepSeek
The model operates with 32 billion parameters compared to DeepSeek's 671 billion, with only 37 billion actively engaged during inference, a design aimed at achieving higher efficiency amid rising demand for optimized AI performance.
Alibaba Stock Jumps on New AI Model Launch, Challenging DeepSeek’s R1
Hong-Kong listed shares (HK:9988) jumped over 8% today, after the company launched its new open-source AI (artificial intelligence) model, which challenges DeepSeek’s R1 model. Alibaba’s AI unit, Qwen,
What is Qwen, the open-source GenAI model from Alibaba challenging DeepSeek?
China's e-commerce giant Alibaba Group has unveiled a new generative artificial intelligence model that it claims surpasses the performance of DeepSeek, triggering a stock market rally among Chinese tech companies.
Alibaba's AI Breakthrough With QwQ-32B Boosts Chinese Tech Stocks And Market Sentiment
After the launch, Alibaba's shares rose over 8% in Hong Kong, which also helped boost the Chinese tech stocks' index by about ...
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Alibaba’s 8% Surge on Renewed Optimism in China’s Tech Sector
Alibaba's share price climbed 8% on Thursday. The stock surge followed the release of a new Qwen model that competes with ...
Alibaba Stock Is Rising. Why It’s Bucking the Tech Selloff.
Alibaba shares were rising after the Chinese firm said the latest version of its Qwen AI was comparable with DeepSeek’s R1 ...
What's Going On With Alibaba Stock Thursday?
Alibaba Group Holding Ltd (NYSE:BABA) shares are trading higher Thursday after Alibaba Cloud introduced a new compact ...
Chinese AI model euphoria continues with another Alibaba stock jump
Alibaba surged 7% on Thursday after it made one of its AI models public, signaling how the party isn't over for Chinese tech ...