Alibaba claims that its new AI model, Qwen 2.5 Max, demonstrates superior performance over competitors like Meta’s Llama and DeepSeek’s V3. This development highlights the fierce competition among Chinese tech firms,

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE:BABA) released a new version Wednesday of its Qwen large language model, known as Qwen2.5 Max, which it said topped DeepSeek's AI model across various benchmarks.

Chinese e-commerce platform operator JD.com on Friday introduced a gifting feature on its mobile app, joining rival Alibaba Group Holding in countering the competitive pressure from social media giant Tencent Holdings,

DeepSeek, a 20-month-old startup founded in Alibaba’s home city, Hangzhou, became a global sensation this week and figures prominently as the first benchmark that Alibaba appears to measure itself against. Alibaba Cloud also shared scores that suggest its AI beats OpenAI and Anthropic’s models in certain benchmarks.

Chinese tech company Alibaba released a new version of the Qwen 2.5 artificial intelligence model that surpasses DeepSeek's latest model.

Alibaba unveils Qwen 2.5 AI model, claiming it outperforms GPT-4o and DeepSeek-V3 as China’s AI race intensifies.

Two days after the release of DeepSeek-R1, TikTok owner ByteDance released an update to its flagship AI model, which it claimed outperformed Microsoft-backed OpenAI's o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions.

Alibaba Group Holding published benchmark scores and praised what it called itself the world's leading performance with the release of its new model for

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JPMorgan Chase & Co. has disclosed a new $522,000 investment in Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA: CWEB), according to its latest filing with the Securities & Exchange Commission (SEC).

Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models b