{
  "id": 79375,
  "title": "Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost",
  "url": "https://urgent.news/2026/08/03/alibaba-unveils-its-largest-ai-model-yet-deepseeks-latest-model-is",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-03T09:59:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/east-asia/alibaba-ai-model-deepseek-low-cost-6294501"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The developments highlight the rapid advancement of artificial intelligence by Chinese tech firms as Alibaba and DeepSeek aim to gain traction among global developers.",
  "key_points": [
    "Alibaba unveils Qwen3.8-Max, its largest AI model",
    "DeepSeek's V4-Flash is ultra-low cost at 3 cents per test",
    "Open-weight models favored for transparency and affordability"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Semafor",
        "title": "DeepSeek releases cheaper new AI model as China's price war intensifies",
        "url": "https://urgent.news/2026/08/03/deepseek-releases-cheaper-new-ai-model-as-chinas-price-war-intensifies",
        "published": "2026-08-03T14:20:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}