Alibaba Shares Rise By Over 7% After Launch Of DeepSeek competitor

Beijing, China: Alibaba shares surged more than seven percent in Hong Kong trade on Thursday after the Chinese tech giant launched an artificial intelligence model it says can compete with DeepSeek, this year’s surprise tech star. Investors have been riding high on China’s AI capabilities since January, when DeepSeek unveiled a state-of-the-art chatbot seemingly at … Read more

Alibaba Launches New AI Model; Claims It Can Beat DeepSeek, ChatGPT, Llama

Alibaba has launched a new version of its AI model, Qwen2.5 Max, claiming it performed better than DeepSeek’s AI, OpenAI’s GPT-4o and Meta’s Llama. The Chinese tech company’s cloud division claimed in a statement that “Qwen 2.5-Max outperforms … almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B,” referring to the advanced open-source AI models from … Read more