Alibaba Stock Jumps on New AI Model Launch that Challenges DeepSeek’s R1
Hong-Kong listed shares (HK:9988) jumped over 8% today, after the company launched its new open-source AI (artificial intelligence) model that challenges DeepSeek’s R1 model. Alibaba’s AI unit Qwen unveiled its QwQ-32B model through an X post this morning.
Alibaba’s Qwen Team Releases QwQ-32B Open-Source Reasoning Model, Said to Perform Similar to DeepSeek-R1
These reasoning models were designed to offer an open-source alternative for the likes of OpenAI's o1 series. The QwQ-32B is a 32 billion parameter model developed by scaling reinforcement learning (RL) techniques.
The QwQ reasoning model is significantly leaner than DeepSeek R1 and is said to be more powerful in many areas.
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