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International Business Times UK
International Business Times UK
Technology
Vinay Patel

OpenAI, DeepSeek, And Now Alibaba—China's New AI Model Is Shaking Up The Competition

China's AI sector is surging, with Alibaba's new QwQ-32B model directly challenging established players like OpenAI and DeepSeek. (Credit: X / Marius Fanu @mariusfanu)

OpenAI and DeepSeek have been making headlines, but now a new challenger from China is entering the fray. Alibaba's latest AI model is set to shake up the industry, marking a significant shift in the competitive landscape of artificial intelligence (AI) development.

On 6 March, Chinese tech giant Alibaba unveiled its latest AI reasoning model, claiming it outperforms similar models developed by OpenAI and the startup DeepSeek. The announcement sent Alibaba's Hong Kong-listed shares soaring by 8% by the end of the day and contributed to gains in the Hang Seng China Enterprises Index.

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