[…] Alibaba is set to release an upgraded version of its flagship AI model, Qwen 3, later this month. This move comes amidst a competitive landscape where Chinese companies are launching low-cost AI services, and global tech giants like OpenAI, Google, and Anthropic are also advancing their AI offerings. Alibaba’s commitment to AI is further evidenced by its recent releases, including the Qwen 2.5 series and a new version of its AI assistant, Quark. The company’s focus on achieving artificial general intelligence (AGI) underscores its ambition to push the boundaries of technology (PYMNTS.com). …