Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Published On Jan 29, 2025, 12:27 PM
Alibaba has unveiled its new AI model, Qwen 2.5, claiming it competes effectively against top rivals like DeepSeek, OpenAI's GPT-4o, and Meta's Llama-3.1. The announcement was strategically timed, coinciding with the Lunar New Year, suggesting urgency due to the competitive pressure from DeepSeek's recent rise. Alibaba’s model reportedly outperforms others in various benchmarks, heightening the competition in the AI sector. This move underscores Alibaba's efforts to maintain relevance amidst both domestic and international competition in AI technology.
Stock Forecasts
BABA
Positive
Given Alibaba's competitive claims and the rising importance of AI technology, investor confidence may be bolstered in the short term. The launch of Qwen 2.5 may positively influence the market perception of Alibaba's capabilities in AI, especially if they can demonstrate tangible performance superiority over their rivals. However, sustained pressure from competitors like DeepSeek and market volatility in the tech sector could pose challenges.
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