Alibaba Unveils Qwen 3, Raising the Stakes in Chin…

From Financial Modeling Prep: 2025-04-29 02:38:00

Alibaba Group launches Qwen 3, a new AI model with hybrid reasoning capabilities for developers, aiming to provide context-aware responses and adaptability for AI-driven applications. This move intensifies competition with DeepSeek and Baidu, who have also introduced cost-efficient and latency-focused models. Investors closely monitor Alibaba’s AI revenue growth, with positive analyst sentiment and plans to integrate Qwen 3 across sectors. The market impact and adoption of Qwen 3 will be key in the evolving AI landscape.



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