Market Chatter: Alibaba's AI Models Gain Ground Against Rival DeepSeek

MT Newswires Live
29 Jul

Alibaba Group's (HKG:9988, HKG:89988) artificial intelligence models are gaining ground against rival DeepSeek's offerings, the South China Morning Post reported Monday, citing usage data.

DeepSeek, which controlled virtually all of the open-source AI model usage on Chinese cloud computing platform PPIO in Q1, reportedly saw a fall in its share by around one-fifth to 80% in June.

Concurrently, Alibaba's Qwen models saw usage rise, reaching 56% at their peak in late May.

Between January and June, usage of Alibaba's models went from below 1% to over 10%, based on PPIO data, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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