Alibaba releases record-setting next-generation Qwen3 model to cut costs by 90%

South China Morning Post - Sep 12, 2025

Alibaba Group Holding on Friday open-sourced its latest artificial intelligence model, built on the new Qwen3-Next architecture, which is 10 times more powerful but costs only a 10th to build compared to its predecessor. The company’s Qwen team said it adopted an array of architectural innovations aimed at maximising performance while minimising computational costs, according to a note published on the developer platform GitHub. The model is developed by Alibaba Cloud, the AI and cloud computing...

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