Qwen - About the company
Qwen is an unfunded company based in Hangzhou (China), founded in 2023. It operates as a Platform providing a comprehensive range of multimodal perception solutions. Qwen has not raised any funding yet. The company has 203 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like Hugging Face, Replicate and Flower.
Company Details
Platform providing a comprehensive range of multimodal perception solutions. It is a family of advanced open-source large language models developed by Alibaba Cloud, designed for versatile AI applications including natural language processing, coding, multimodal tasks (text, images, audio), and complex reasoning.
Key Metrics
Founded Year
2023
Location
Hangzhou, China
Stage
Unfunded
Ranked
10th among 203 active competitors
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Qwen's funding and investors
Qwen has not raised any funding rounds yet.
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Qwen's Competitors and alternates
Top competitors of Qwen include Hugging Face, Replicate and Flower. Here is the list of Top 10 competitors of Qwen, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hugging Face 2016, Paris (France), Series D | Platform offering collaborative tools for sharing and deploying machine learning models | $400M | 75/100 | |
2nd | Replicate 2018, Berkeley (United States), Acquired | Provider of a cloud-based open-source platform for machine learning models | $57.8M | 69/100 | |
3rd | ML framework for federated learning | $24.1M | 61/100 | ||
4th | Outerbounds 2021, San Francisco (United States), Acquired | AI-based open-source machine learning platform | $24M | 60/100 | |
5th | Oumi 2024, Seattle (United States), Seed | Open-source AI platform for model development and deployment | $10M | 56/100 | |
6th | Featureform 2020, United States, Acquired | Provider of AI-based open-source platform offering data orchestration | $8.1M | 55/100 | |
7th | Giotto Technologies 2017, Switzerland, Acquired | Developer of reasoning technology designed to advance artificial general intelligence | $5.02M | 54/100 | |
8th | Vectice 2019, San Francisco (United States), Series A | Developer of platforms for Python package management and AI orchestration | $15.6M | 51/100 | |
9th | All Hands AI 2024, Pittsburgh (United States), Seed | Open-source software development agent | $5M | 51/100 | |
10th | Platform providing a comprehensive range of multimodal perception solutions | - | - | 49/100 |
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Qwen's Investments and acquisitions
Qwen has made no investments or acquisitions yet.
Reports related to Qwen
Here is the latest report on Qwen's sector:
News related to Qwen
Media has covered Qwen for a total of 19 events in the last 1 year, 14 of them have been about company updates and 2 about partnerships.
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Alibaba Cloud Launches Brazil Region for Enterprise CustomersTech in Asia•Aug 28, 2026•Alibaba Cloud, Qwen
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Alibaba (09988.HK) Introduces Real-Time Voice Recognition ModelGuruFocus•Jul 06, 2026•Alibaba Group, Qwen
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Alibaba’s Qwen partners China Eastern for flight bookingTech in Asia•Apr 23, 2026•Qwen, Alibaba Cloud, China Eastern Airlines, Alibaba
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Alibaba’s Qwen integrates Amap for smarter travel, dining servicesTech in Asia•Dec 19, 2025•Qwen, Amap
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Alibaba's Qwen App Achieves No. 1 in Global AI App Growth with 149.03% MAU IncreasePandaily•Dec 04, 2025•Qwen
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