Alibaba Rolls Out Latest Flagship AI Model in Post-DeepSeek Race

(Bloomberg) — Alibaba Group Holding Ltd. took the wraps off a new version of its flagship Qwen AI model, sustaining the breakneck pace of development that’s characterized China’s artificial intelligence sphere in the wake of DeepSeek.

Alibaba on Tuesday unveiled its Qwen3 series of models, which it said rivals DeepSeek’s performance on several fronts, including math and coding. Qwen3 also significantly cuts deployment costs compared to other major models, the company said.