Alibaba has launched Qwen2, its latest AI model, claiming it outperforms Meta’s Llama 3 in key areas such as math, coding, and multilingual tasks. With variations ranging up to 72.7 billion parameters, Qwen2 supports 27 additional languages and features advanced technical enhancements for efficiency. This release highlights Alibaba's commitment to leading the AI race, with significant implications for business applications and industry competitiveness.