The watchdog concluded that the partnership does not warrant an investigation under the country’s anticompetitive practices law.

Chinese companies are continuing to make big strides in artificial intelligence, as Alibaba (NYSE:BABA) unveiled its latest reasoning model with fewer parameters that rivals DeepSeek's R1 and OpenAI's o1 mini.

The CMA’s ruling came a day after a US federal judge rejected Elon Musk's bid to immediately block OpenAI's transition to a for-profit entity, delivering a blow to the billionaire's escalating legal campaign against the AI giant he helped co-found.

Alibaba touted its new model, QwQ-32B, in an online statement as delivering “exceptional performance, almost entirely surpassing OpenAI-o1-mini and rivaling the strongest open-source reasoning model, DeepSeek-R1.” OpenAI-o1-mini is the American company’s cost-efficient reasoning model released last year.

Microsoft (NASDAQ:MSFT) has reportedly withdrawn from some of its agreements with CoreWeave over delivery issues and missed deadlines.

After OpenAI Deep Research read 42 sources and thought for 6 minutes, it produced a well-laid-out report, covering 13 pages and 4720 words, which I have posted on my website to avoid using AI to write a piece for Forbes:

Alibaba Group Holding on Thursday unveiled an open-source artificial intelligence (AI) reasoning model that it said surpassed the performance of DeepSeek's R1, highlighting the Chinese technology giant's robust AI capabilities across models and data-centre infrastructure.

CoreWeave has grown into a major AI cloud computing provider, supplying Nvidia GPUs to Microsoft, Meta, and OpenAI.

Alibaba has unveiled a new open-source AI reasoning model, the QwQ-32B, which it claims outperforms DeepSeek's R1 and OpenAI 's o1-mini. Despite having just 32 billion parameters versus R1's 671 billion, QwQ-32B has demonstrated better performance in math, coding and general problem-solving.