Alibaba, a leading Chinese tech company, has just launched a new AI reasoning model, QwQ-32B. This model is said to perform better than its competitors, including OpenAI and DeepSeek. The announcement caused Alibaba’s stock price to jump by 8% in Hong Kong, showing strong support from investors. This surge also helped the Hang Seng China Enterprises Index rise.
A Strong Start with New AI Products
Alibaba’s QwQ-32B is not the only AI model the company introduced recently. Just a day before the launch of QwQ-32B, Alibaba revealed a new AI agent called Manus. Manus is a general AI agent designed to handle complex tasks. A video on Alibaba’s website showed how Manus can screen resumes and create websites. It can also generate property recommendation reports based on user preferences. According to Reuters, Manus was developed by a Chinese company called Monica.
What sets Manus apart is its ability to produce real results, not just ideas. Unlike chatbots that simply suggest things, Manus performs actions that can be used in the real world.
QwQ-32B: Alibaba’s New AI Leader
QwQ-32B is a significant step forward for Alibaba. The company claims it almost matches the performance of OpenAI’s o1-mini and competes directly with DeepSeek’s model, DeepSeek-R1. OpenAI’s o1-mini, introduced last year, is known for its affordable AI reasoning. However, QwQ-32B is said to offer better performance while being smaller in size.
QwQ-32B has 32 billion parameters, which is much fewer than DeepSeek-R1’s 671 billion parameters. Despite this difference, Alibaba believes that fewer parameters make QwQ-32B more efficient. The company says the model excels in mathematical reasoning, programming, and general intelligence.
This announcement follows DeepSeek’s success in January when it introduced its R1 model. DeepSeek’s model was praised for its low cost to train, which made it stand out compared to Western models. Since then, DeepSeek has gained attention, and the Hang Seng China Enterprises Index has grown by over 30%.
Alibaba’s Growing Investment in AI
Alibaba is becoming more committed to AI. In 2023, it launched Tongyi Qianwen, an AI service that competes with OpenAI’s ChatGPT. Earlier this year, in January, Alibaba introduced the Qwen 2.5 Max model. The company claimed that this model outperforms DeepSeek’s V3, which had been released only weeks earlier.
Alibaba is also planning to invest heavily in AI and cloud computing. The company announced that it would spend at least 380 billion yuan ($52.4 billion) over the next three years. This investment is larger than all the money Alibaba has spent on these technologies over the past decade. This shows how important AI is to Alibaba’s long-term plans.
China’s Support for Emerging Technologies
Alibaba’s push for AI innovation is supported by China’s government. Chinese officials recently reaffirmed their commitment to funding industries like AI, humanoid robots, and quantum technology. The government’s support, combined with Alibaba’s investments, positions China as a leader in the tech world.
With the Chinese government backing these industries, it is likely that China will continue to rise in the global tech race. The government is helping companies like Alibaba take the lead in developing the technologies that will shape the future.
The Future of AI in China and Beyond
The growing success of Alibaba and other Chinese tech companies shows that China is serious about AI. With AI being the future of technology, companies like Alibaba are working hard to be at the forefront. By continuing to invest in AI, Alibaba hopes to stay competitive and lead the way in AI research and development.
As for investors, Alibaba’s recent moves are promising. The company’s stock rise shows that investors believe in Alibaba’s future. The company’s continued success in AI may help it maintain a strong position in the global market.
In conclusion, Alibaba’s new AI model, QwQ-32B, shows the company’s commitment to leading the tech world. With more investments in AI and cloud computing, Alibaba is not only strengthening its business but also helping China become a major player in global tech. The world will continue to watch as Alibaba pushes the boundaries of AI technology.
For more updates on Alibaba’s AI developments, visit New York Mirror.