Kuaishou Technology

Alibaba Cloud has launched its latest AI model in its "Qwen series," as large language model competition in China continues to heat up.

For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump's first and second terms is generative artificial intelligence.

In a rapidly evolving tech landscape where artificial intelligence (AI) is at the forefront of driving innovation, the emergence of

Alibaba's foray into AI is part of a larger strategy for massive investments in AI and cloud computing infrastructure. Alibaba has invested a whopping $53 billion in three years to build its prowess in these areas as a step to leverage the industry-wide disruption potential of AI.

More than 30 Chinese server manufacturers currently produce these boxes with embedded DeepSeek AI models, according to the CICC report. These include China's largest server maker Inspur, second-ranked H3C Technologies, Huawei and Lenovo, the world's top personal computer vendor.

Chinese tech giant Alibaba said its latest AI reasoning model, QwQ-32B, "rivals cutting-edge reasoning model, e.g., DeepSeek-R1."

The rise in popularity of Yuanbao follows Tencent's move to integrate DeepSeek's R1 reasoning model in February.

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment.