Overview

• Alibaba says Qwen-3-Max-Preview exceeds one trillion parameters, marking its largest model to date within the Qwen3 family.
• Released September 5, the model is available through Alibaba Cloud and the OpenRouter marketplace, is not open-source, and is limited to official access channels.
• Company materials claim it outperforms Alibaba’s July Qwen3-235B model and posts higher scores than MoonShot AI’s Kimi K2, a non‑reasoning Claude Opus 4, and DeepSeek V3.1 on five benchmarks, though no technical report has been published.
• Dataconomy reports pricing at $0.90 per million input tokens and $3.40 per million output tokens, with Model Studio activation required for use.
• Benzinga reports Alibaba shares rose about 3.2% in U.S. pre-market trading after the launch.