The media published information according to which Alibaba Group Holding plans to release an upgraded version of its flagship artificial intelligence model called Qwen 3 at the end of the current month.
Journalists, citing insiders, claim that the launch date of the mentioned updated virtual product may change.
Alibaba did not respond to a media request for comment on the specified information.
It is worth noting that recently there has been an increase in competition in the Chinese artificial intelligence market. Local technology companies have released several low-cost machine intelligence services since the debut of DeepSeek’s digital intelligence model, which has a high level of competitiveness in terms of efficiency and productivity, while at the same time requiring much less development costs compared to industry-standard indicators.
Alibaba has already released several artificial intelligence products. Last week, a new Qwen 2.5 series machine intelligence model was launched. Also in March, the company released a new version of its artificial intelligence-powered digital assistant Quark.
In February, Alibaba announced its intention to spend more on artificial intelligence in the next three years than in the last decade. Also in the mentioned month, the company stated that the main goal of the specified financial injections is to achieve artificial general intelligence. In this case, it means a configuration of machine intelligence that handles tasks either as well as a human or better.
As we have reported earlier, Alibaba Demonstrates Growth.
