
Alibaba Group Holding Ltd. (NYSE:BABA) has introduced a new AI model, QwQ-32B-Preview, which is positioned as a competitor to Microsoft Corp.-backed (NASDAQ:MSFT) OpenAI’s o1 reasoning model.
What Happened: Developed by Alibaba’s Qwen team, QwQ-32B-Preview boasts 32.5 billion parameters, enabling it to handle prompts up to 32,000 words.