Alibaba launches new version of AI assistant tool as competition heats up
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Alibaba has launched a new version of its AI assistant app powered by its Qwen AI reasoning model, aiming to compete in the global AI race, especially against DeepSeek's R1 model.
March 13, 2025 | 9:30 am
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Alibaba has introduced a new AI assistant app powered by its Qwen AI model, aiming to strengthen its position in the competitive AI market.
The launch of a new AI assistant app by Alibaba, powered by its proprietary Qwen AI model, is a strategic move to enhance its competitive edge in the AI sector. This development is likely to positively impact Alibaba's stock in the short term as it demonstrates the company's commitment to innovation and staying ahead in the AI race, especially against strong competitors like DeepSeek.
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