Alibaba and DeepSeek vs OpenAI. Amazon monster Olympus. Schmidt sounds the alarm.

Major developments shake the AI world as Alibaba releases QwQ-32B-Preview, their open-source AI model with 32.5 billion parameters to compete with OpenAI. Amazon secretly develops their 'Olympus' multimodal AI while investing $4 billion in Anthropic.

Breaking AI news includes DeepSeek's R1-Lite-Preview outperforming OpenAI's models, Android veterans launching "/dev/agents" for AI development, and Microsoft addressing privacy concerns about AI training data. Former Google CEO Eric Schmidt raises alarming concerns about AI companionship technology and its potential impact on youth mental health. These developments signal a major shift in the AI landscape, with Chinese companies emerging as serious competitors in the global AI race.

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