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Alibaba’s Qwen releases QVQ-72B-Preview, open-weight AI model with vision reasoning

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Top stories today:

  1. Alibaba releases open-weight AI model with vision reasoning
  2. Founders Fund said to raise $3B for new growth fund
  3. OpenAI said to be considering development of humanoid robot
  4. Coinbase’s trading volume surges to weekly high of $119B
  5. Russia using Bitcoin in foreign trade, finance minister says
  6. China’s EV sales to surpass traditional cars by 2025

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1. Alibaba’s Qwen releases QVQ-72B-Preview open-weight AI model with vision reasoning

The QVQ model has outperformed GPT-4o and Qwen2-VL-72B across math-related benchmarks, per Qwen:

  • QVQ-72B-Preview topped OpenAI’s o1 on MathVista with a 71.4 score.

  • Weights are available through Hugging Face.

  • Custom Qwen licensed.

  • Currently available for research, with some known limitations.

  • Does not support video inputs.

QVQ-72B-Preview can generate reasoning-based responses to solve math problems shared with images

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3. Founders Fund said to raise $3B for new growth fund

  • -12% from the $3.4B raised for the Growth Fund II in 2022.

  • Mar. 2023: Founders Fund split its early-stage fund in half to $900M due to limited opportunities.

  • Peter Thiel, Founders Fund co-founder, will have close access to the incoming White House.

4. OpenAI said to be considering development of humanoid robot

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