Group 1 - Alibaba Group Holding plans to release an upgraded version of its AI model, Qwen 3, later this month, with the timing subject to change [1] - The competition in the AI field is intensifying, with several Chinese companies launching low-cost AI services and major players like OpenAI, Google, and Anthropic releasing new models recently [2] - Alibaba has already introduced AI products this year, including the Qwen 2.5 series and a new version of its AI assistant Quark, and plans to significantly increase AI investments over the next three years [3][4] Group 2 - The CEO of Alibaba stated the company's goal is to develop models that push the boundaries of intelligence, aiming for artificial general intelligence (AGI) [4] - The newly launched Qwen2.5-Omni-7B model is a multimodal AI capable of processing text, images, audio, and video, designed for agile and cost-effective AI applications [5]