Alibaba (BABA) unveils its new artificial intelligence (AI) reasoning model, QwQ-32B, stating it could rival DeepSeek’s own AI while outperforming OpenAI’s lower-cost model. Similar to DeepSeek’s own market-rattling launch, Alibaba’s introduction of QwQ-32B is being attributed as one aspect of Thursday morning’s tech sell-off. Seana Smith and Madison Mills report more on this. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.