Another Chinese tech giant unveils AI model to challenge DeepSeek, ChatGPT-maker OpenAI

Chinese tech giant Alibaba has released a new version of its artificial intelligence (AI) model, Qwen 2.5, on the first day of the Lunar New Year. The launch comes days after DeepSeek’s R1 model made waves in the international market for its competitive performance at a lower cost.

This unusual timing suggests a sense of urgency driven by the meteoric rise of DeepSeek’s AI assistant, DeepSeek-V3, as per news agency Reuters.