Max's release points to the pressure DeepSeek's meteoric rise in the past three weeks has placed on overseas rivals and domestic competition.

Chinese e-commerce giant Alibaba released a new version of its artificial intelligence model which it claims surpasses DeepSeek’s AI model across various benchmarks.

In an unexpected move on the first day of Lunar New Year, Chinese tech giant Alibaba announced its latest AI model, Qwen 2.5-Max, claiming it outperforms several leading models including the recently released DeepSeek-V3.