Browsing: Alibaba

Alibaba’s stock jumped after it open-sourced its QwQ-32B AI model, fueling optimism in the Chinese tech sector.

Alibaba unveils a new open-source AI reasoning model, QwQ-32B, that reportedly surpasses DeepSeek’s R1 in key areas, leading to a rise in the company’s stock value.

As Beijing reinforces its commitment to artificial intelligence, Chinese tech firms are rapidly introducing new AI applications and models, sparking investment interest.

Chinese AI firm Zhipu raises $140 million in a funding round led by government-backed firms, signaling increasing investment in domestic AI technology.

Chinese AI startup Zhipu secures significant funding, highlighting the rising investment in domestic AI companies.

Alibaba Group is significantly increasing its AI talent pool, reflecting the growing importance of artificial intelligence in various industries.

Alibaba Group is significantly expanding its AI talent pool with a major internship program as the tech giant focuses on innovation.

Tencent’s new AI model, Hunyuan Turbo S, aims to rival DeepSeek’s R1 in speed and performance, intensifying the competition among Chinese tech giants.

Alibaba is open-sourcing its latest AI models for image and video generation, increasing competition with rivals like OpenAI and boosting its stock.

Chinese companies, including Alibaba, ByteDance, and Tencent, are significantly increasing their orders for Nvidia’s H20 AI chip due to the surging popularity of DeepSeek’s low-cost AI models.