Alibaba Group's release of an artificial intelligence (AI) reasoning model, which it said was on par with global hit DeepSeek's R1, drove its Hong Kong-listed shares more than 8% higher on Thursday.

Alibaba developed QwQ-32B through two training sessions. The first session focused on teaching the model math and coding skills. To support the learning process, Alibaba set up a server that ran the code QwQ-32B produced during training and checked it for errors.

Alibaba Cloud on Thursday launched QwQ-32B, a compact reasoning model built on its latest large language model (LLM), Qwen2.5-32b, one it says delivers performance comparable to other large cutting edge models, including Chinese rival DeepSeek and OpenAI’s o1, with only 32 billion parameters.

The Hong Kong-listed shares of Alibaba Group surged more than 8% on Thursday following the release of a new reasoning model that the company said was on par with global hit DeepSeek's R1. Qwen, the e-commerce leader's artificial intelligence unit,

Alibaba launched new reasoning model comparable to DeepSeek's R1, pledged increased support for AI in China, and committed $53B to cloud and AI infrastructure.

Alibaba Cloud, the cloud computing unit of Chinese tech heavyweight Alibaba Group has introduced its latest open-source large language model QwQ-32B, with its performance comparable to leading models such as DeepSeek R1.

New AI contender. Chinese companies are continuing to make big strides in artificial intelligence, as Alibaba unveiled its latest reasoning model with fewer parameters than existi