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Qwen

Division of Alibaba GroupFounded April 2023🇨🇳Hangzhou, ChinaCEO Liu Dayiheng, Qwen LLM project lead (Yicai, September 21, 2026, citing the Apsara Conference site). Not a separate company CEO. Alibaba Group CEO is Eddie Wu.

Qwen (Tongyi Qianwen) is Alibaba's family of large language and multimodal models, not a separately listed company. Alibaba Cloud launched a public beta in April 2023.

Latest update Oct 11, 2026

01

Overview

The models are served through Alibaba Cloud Model Studio and the Qwen app at qwen.ai, and many weights are published for others to run. On August 3, 2026 Alibaba introduced Qwen3.8-Max, a 2.4 trillion parameter model with 95 billion parameters active and a context window of up to 1 million tokens, then released those flagship weights and an Apache 2.0 27 billion parameter model. On September 20, 2026 it open-sourced Qwen-Image-2.1, a 7B visual-generation model for text-to-image and editing, and on October 9 it released the eight-step Qwen-Image-2.1-Turbo checkpoint plus hosted Pro and Turbo APIs. On September 22, 2026 Alibaba said the next model, Qwen 4, was in training, with Qwen 4.5 and Qwen 5 projected at 5 to 10 trillion parameters. Yicai reported on September 21 that Liu Dayiheng had been named Qwen LLM project lead. No standalone Qwen revenue figure was found.

alibabacloud.comUpdated Oct 11, 2026

Analysis · 2 min read · Sep 24, 2026The long view on Qwen: strategy, technology and what to watch

02

What's next2

  1. Later in 2026

    Launch Qwen-Image 3.1

    TargetLater in 2026 (Alibaba Apsara projection; no day given)

  2. Qwen 4 in training

    Train Qwen 4 and scale later models toward 5 to 10 trillion parameters

    TargetQwen 4 in training; Qwen 4.5 and Qwen 5 projected at 5 to 10 trillion parameters

03

Latest news1

  1. Qwen ships Image 2.1 Turbo and hosted APIs

    Alibaba's Qwen team released Qwen-Image-2.1-Turbo on Oct. 9 as an 8-step checkpoint of the 7B Qwen-Image-2.1 generator for text-to-image and image editing. Hosted Pro and Turbo APIs went live the same day on Alibaba Cloud Model Studio, with the Turbo weights available for local Diffusers inference. Model Studio lists Turbo image generation at $0.016 per image on the Singapore international endpoint.

    github.com www.alibabacloud.com

04

Products5

05

Key metrics

Employees
Unknown

No Qwen headcount was in the pages opened.

Est. annual revenue
Undisclosed
Qwen3.8-Max scale

2.4 trillion parameters, 95 billion active

Open-model downloads, company claim
More than 3 billion
Hugging Face derivatives, as quoted by Alibaba
151,448 Qwen-based models

06

Operations & revenue

Operating status

Operational

Qwen is an active model family inside Alibaba. Qwen3.8-Max remains the language flagship. Qwen-Image-2.1 weights were published September 20, 2026, and Qwen-Image-2.1-Turbo plus hosted Pro/Turbo APIs followed October 9. On September 22 Alibaba said Qwen 4 was in training. The consumer and developer entry point is still qwen.ai. There is no separate Qwen profit statement.

Revenue streams

  • Model API on Alibaba Cloud

    Qwen3.8-Max was made available through APIs on Alibaba Cloud Model Studio. The September 22 roadmap also ties Qwen to Alibaba Cloud's model, agent, and data-center business. No Qwen or Cloud revenue number was opened, so this is a product channel, not a sales figure.

  • Open weights

    Alibaba publishes Qwen weights for others to download and run. Qwen3.8-27B is Apache 2.0. Wikipedia says the 2.4 trillion parameter release uses a license that requires a commercial agreement after a provider passes US$50 million of revenue in 12 months. Open weights are a distribution strategy. They are not, by themselves, recognized revenue.

07

Timeline4

  1. 2026

    1. Open-sources Qwen-Image-2.1

      On September 20, 2026 the Qwen team open-sourced Qwen-Image-2.1, a unified text-to-image and editing model with a 7 billion parameter visual generation component. Alibaba Cloud's September 21 post says it adds native transparency, up to 10 reference images, and local edits. Weights are on Hugging Face and ModelScope. An eight-step Turbo checkpoint and hosted Pro/Turbo APIs followed on October 9.

    2. Releases Qwen-Image-2.1-Turbo and hosted Pro/Turbo APIs

      On Oct. 9, 2026 the Qwen team released Qwen-Image-2.1-Turbo for 8-step image generation and editing and said Qwen-Image-2.1 Pro and Turbo APIs were live on Alibaba Cloud Model Studio. Turbo uses the same 7B visual generation architecture as Qwen-Image-2.1. Model Studio lists Singapore international Turbo image generation at $0.016 per image.

    3. Qwen3.8-Max and the 27B open model

      On August 3, 2026 Alibaba announced Qwen3.8-Max, 2.4 trillion parameters with 95 billion active and a context window of up to 1 million tokens, on Alibaba Cloud Model Studio, with weights planned for the following week. By the August 17 post, the flagship weights were out as Qwen3.8-2.4T-A95B and Qwen3.8-27B was out under Apache 2.0. Wikipedia says the larger model's license requires a commercial agreement once a provider's revenue exceeds US$50 million in 12 months.

  2. 2023

    1. Tongyi Qianwen beta

      Alibaba launched a beta of Qwen in April 2023 under the name Tongyi Qianwen, and opened it for public use in September 2023 after regulatory clearance, according to Wikipedia's account of contemporary reporting. The public site is qwen.ai.

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