DeepSeek’s meteoric rise has placed pressure not just on overseas rivals, but domestic ones too. - Reuters
BEIJING: Chinese tech company Alibaba on Wednesday (Jan 29) released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.
The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar New Year when most Chinese people are off work and with their families, points to the pressure Chinese AI startup DeepSeek's meteoric rise in the past three weeks has placed on not just overseas rivals, but also its domestic competition.
