Alibaba Group Holding Ltd. is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month.
Alibaba has been releasing AI products at a frenetic pace since going all-in on the technology this year.
The new model in Alibaba's Qwen 2.5 series can process text, pictures, audio, and video, and is efficient enough to run directly on mobile phones and laptops.
The release of Qwen 3 is seen as an effort to compete with rivals such as OpenAI and DeepSeek in the rapidly evolving AI market.