reuters.com

Alibaba Unveils Qwen3.8-Max as DeepSeek Releases Low-Cost V4-Flash

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Sig2.40Sen+3.10Env0.00Soc+1.60Gov0.00

Alibaba unveiled Qwen3.8-Max, its largest open-weight AI model, with 2.4 trillion parameters and support for up to 1 million tokens. The release lifted its position on Arena.AI image-capable leaderboards and helped Alibaba shares rise 7% in Hong Kong. DeepSeek launched V4-Flash as an ultra-low-cost model, with Artificial Analysis estimating 3 cents per test.

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