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Brief
On 06/03/2025, the Ministry of Trade issued an update regarding Alibaba's artificial intelligence reasoning model raises shares. The e-commerce giant's AI unit announced that its QwQ-32B model, with 32 billion parameters, achieved comparable performance to DeepSeek's R1 model, which has 671 billion parameters. This announcement led to a significant increase in Alibaba's Hong Kong-listed shares by more than 8%.
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