Alibaba introduced the artificial intelligence model Alibaba Qwen AI 2.5. The company claims that Qwen has left Deepseek-V3 behind in every aspect. This brought about another crypto market collapse. The dominance of US artificial intelligence companies looking for billions of dollars to develop their artificial intelligence models is at risk.
Alibaba says he has passed Deepseek in the field of artificial intelligence!
Alibaba’s cloud unit spoke about the performance of Alibaba Qwen AI through a post on his official WeChat account. The unit said that Alibaba’s artificial intelligence model can perform better than GPT-4O, Deepseek-V3 and Llama-3.-405b. In a report published by Reuters, it was emphasized that such new models forced investors to make internal observations about the major expenditures they plan to make by US YZ companies.
Kriptokoin.comAs you have followed from Deepseek’s artificial intelligence model, the stock market and the crypto market caused a collapse. As it can be understood from this, the US market has already interrupted. This is attributed to low development costs and use costs, which Deepseek spent approximately $ 6 million in response to $ 250 billion by US giants. Now, Alibaba’s Qwen has joined the race and has already left Deepseek-V3 behind.
Will the crypto money market collapse in the coming period?
The Deepseek epic led to a heavy decline in the crypto market. Several digital token lost value dramatic. In addition, artificial intelligence coins has recently experienced a great collapse. In this context, coins such as Near, NCP and render lost value between 8-10 %. Other crypto currencies such as BTC, ETH and XRP have also declined. It is estimated that a similar trend can be revived because Alibaba takes the competition one step further.
Arthur Hayes, former endingxx CEO, envisaged a mini financial crisis, saying that Bitcoin could fall to $ 70,000. However, Hayes said that the re -start of money printing could increase the value of the BTC to 250 thousand dollars by the end of this year. Cryptoquant CEO, which Young Ju, said there is still a place for growth. He also said that Donald Trump’s global promotion could extend the bull run a few more quarters.
Current crypto market feelings
Emotions in the crypto market, especially for BTC rise. Coincodex reported that the community is largely optimistic about Bitcoin with a 72 -point FGI. Bitcoin price decreased by 0.37 %in the last 24 hours to $ 102.279. However, it is still possible to recover, considering that almost 11 US states are suppressed to have strategic Bitcoin reserves.
The leader Altcoin Ethereum is traded for $ 3,118 with a decrease of 1.84 %in the last 24 hours. According to analysts, the price of ETH price is high. In this respect, ETH is likely to fall up to $ 3,000. In general, the global market value of crypto currencies decreased by 1 %to approximately 3.47 trillion dollars.
