Alibaba Group Holding is set to unveil Qwen 3, an enhanced iteration of its leading AI model, possibly later this month, amid intensifying competition from industry players like OpenAI and DeepSeek.
A source close to the development, who opted for anonymity due to the confidential nature of the information, indicated that the launch could take place in late April, although there might be delays. This follows a report by the Chinese media outlet Huxiu regarding Alibaba’s forthcoming plans.
This year, Alibaba has accelerated its release of AI innovations, having recently introduced a new model in its Qwen 2.5 series that can handle text, images, audio, and video, and is optimized for operation on mobile devices and laptops. Additionally, the company launched an upgraded version of its AI assistant, the Quark app, last month.
The competitive landscape has shifted significantly since DeepSeek, a fellow Hangzhou-based firm, launched a formidable AI model at a fraction of the development cost compared to its Western counterparts. This has led to a surge in low-cost AI offerings from Chinese tech giants, potentially jeopardizing the market share of premium services offered by OpenAI, Google, and Microsoft.
In response to the evolving market, OpenAI, Google, and Anthropic have also introduced various new models recently. OpenAI has announced intentions to release a more “open” model designed to mimic human reasoning in the coming months, marking a strategic pivot in the face of competition from DeepSeek and Alibaba’s open-source AI initiatives.
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