Analysts say China’s AI investment is just beginning to pay off, with more firms expected to launch their own models soon.

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

Alibaba, the Chinese tech giant, released a new version of its AI model and made big claims — notably that it outperforms OpenAI's ChatGPT and the newly ascending DeepSeek.