ISTANBUL 

Chinese tech giant Alibaba has launched its highly anticipated Qwen 2.5 AI model, claiming it outperforms DeepSeek-V3.

"The rise of DeepSeek V3 has sparked a wave of interest in large-scale MoE models, but our Qwen 2.5-Max has already surpassed expectations," the company said in a statement. 

It said the new model not only competes with the best in the field, but outperforms DeepSeek-V3 in benchmark tests that measure how well AI models understand and respond to complex instructions.

The recent releases of DeepSeek's AI assistant, powered by the DeepSeek-V3 model, as well as its R1 model, led to a significant drop in tech shares in Silicon Valley on Monday.

DeepSeek says its chatbot has surpassed OpenAI's ChatGPT in App Store downloads, boasting that its model was trained at a significantly lower cost while achieving comparable – and in some areas, superior – results.