Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost
The developments highlight the rapid advancement of artificial intelligence by Chinese tech firms as Alibaba and DeepSeek aim to gain traction among global developers.
Alibaba unveiled its largest AI model, Qwen3.8-Max, on Monday, Aug 3, sending its shares up by 7 percent in Hong Kong trade. The new model boasts 2.4 trillion parameters, placing it among the top contenders in the AI model landscape. DeepSeek's V4-Flash, released on Friday, is the least expensive AI model to operate, costing just 3 cents per test, according to research firm Artificial Analysis.
This model is more than 100 times cheaper than Anthropic's Claude Fable 5. The rapid advancement of Chinese tech firms in the AI sector is evident, with both Qwen3.8-Max and V4-Flash highlighting the commitment towards creating more powerful yet affordable models. Open-weight models, like these two, are favored for their transparency and accessibility, allowing developers to run or adapt the systems.
With these developments, Chinese AI companies are gaining traction among global developers, as they meet the demand for models that are good enough, affordable, transparent, and accessible.
Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
