Alibaba in Podcasts
companyChinese e-commerce and cloud computing company.
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So beyond just sort of showcasing Alibaba's success in this domain, the success of Quen and DeepSeek and this group of other Chinese open source AI models is really showing that the strategy of making models cheap and freely available is working for Beijing.
Quan was launched in 2023 for the first time, but this sort of DeepSeq moment really forced Alibaba to step up innovation and increase funding in AI.
Tatia, DeepSeek is still very much around, but there's a different case study in the form of an AI model suite from Chinese company Alibaba that's called Quen that you and your colleagues have been drawing attention to lately that showcases sort of another element of China's AI strategy.
Alibaba posted a strong revenue beat for Q3, with double-digit growth across its major operating units, especially cloud intelligence.
Search giant Baidu slid 6% and Alibaba fell 4% as investors are increasingly anxious about the fragile Chinese economy.
But the two big players are Alibaba, which is, think of them as the Amazon of China.
So Alibaba is making a fresh push into the consumer AI with a new Quan Chatbot app built on its most advanced large language model and launched as a free mobile and web assistant in China.
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