30 April 2025

Chinese start-up DeepSeek quietly open-sourced a new specialist artificial intelligence (AI) model on Wednesday, just a day after Alibaba unveiled the third generation of its Qwen family, as competition heats up in the race to advance generative AI capabilities. Hangzhou-based DeepSeek uploaded its latest open-source Prover-V2 model to Hugging Face, the world’s largest open-source AI […]

Alibaba Group Holding has promised faster delivery service and more subsidies to consumers in China as it moves to take on JD.com and Meituan amid intensifying competition in the country’s e-commerce market. Alibaba has launched an upgraded service called Taobao Instant Commerce, which covers not only food, but also other goods that meet the “time-sensitive

Samsung Electronics’ chip business reported a roughly 40 per cent drop in profit after US export controls dented sales of its high-end chips even as it seeks to catch up in the lucrative AI memory arena. March-quarter operating profit at Samsung’s chip segment tumbled to 1.1 trillion won (US$770 million) on erosion in average selling

On Tuesday, Alibaba released the third generation of its Qwen family of AI models, with multiple versions, each featuring a different number of parameters. The largest model, with 235 billion parameters, outperformed DeepSeek-R1 and OpenAI’s o1 reasoning models, according to Alibaba, owner of the Post. At 600 million parameters, the most efficient version of the