Alibaba’s Qwen unveils 2.4 trillion parameter AI model, open weights coming next week

Alibaba has unveiled the Qwen3.8-Max AI model, designed to rival top global competitors and potentially elevate its market position by 2026. Additionally, the company introduced a Qwen AI model featuring 2.4 trillion parameters, with open weights scheduled for release next week. This strategic move could disrupt existing proprietary AI revenue models and increase the demand for decentralized computing, significantly impacting current market dynamics and reshaping the overall landscape of global AI leadership.