Alibaba open-sourced the next-generation Tongyi Qwen model, Qwen3, in the early hours of April 29. The model has only one-third the number of parameters of DeepSeek-R1, significantly reducing costs, while its performance surpasses other models such as OpenAI-o1.

PANews reported on April 29 that according to People's Finance, in the early morning of April 29, Alibaba open-sourced the new generation of Tongyi Qianwen model Qwen3 (Qianwen 3 for short), which has only 1/3 of the parameters of DeepSeek-R1, greatly reduced costs, and performance surpassing OpenAI-o1 and other models.

Alibaba open-sources the new generation Qwen 3 model of Tongyi Qianwen, outperforming OpenAI-o1