Released DSpark speculative decoding framework

Began developing custom inference ASICs to cut GPU dependency

China's domestic AI chip budget share rises to 46%, driven by DeepSeek and Zhipu exploring custom silicon

Raised $7B in first major funding round, abandoning no-funding pledge

Plans to launch Harness AI coding agent team to compete with Claude Code

DeepSeek raised $7B

Launched unified coding subscription plan offering four AI models for $3

Qwen family captured over 50% of global open-source AI model downloads, reaching nearly 1 billion cumulative downloads on Hugging Face.

Released Qwen 3.5 flagship model series, positioned as on par with leading US proprietary models.

Released Qwen 2.5, marking the beginning of a decisive shift away from popular US models like Llama.