Key Takeaways Alibaba rolled out a new AI model it says can outperform models from DeepSeek, OpenAI, and Meta Platforms.The Chinese tech giant's U.S.-listed shares climbed in early trading Wednesday following the release.

Parameter is a machine-learning term for variables present in an AI system during training, which helps establish how data prompts yield the desired output. Open source gives public access to a software program’s source code,

This week we had China’s AI lab DeepSeek making headlines for different reasons. But that’s not the only company causing a stir in the world of tech. Alibaba just rolled out its latest family of AI models called Qwen2.