---
title: "Alibaba open-sources the next generation Qwen 3.5-Plus large model at a minimum of 0.8 RMB per million tokens"
description: "Alibaba's cloud computing subsidiary, Alibaba Cloud, has launched a new generation large model, Qwen3.5-Plus, with a total of 397 billion parameters and only 17 billion activated. Its performance surp"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276552474.md"
published_at: "2026-02-23T01:21:56.000Z"
---

# Alibaba open-sources the next generation Qwen 3.5-Plus large model at a minimum of 0.8 RMB per million tokens

> Alibaba's cloud computing subsidiary, Alibaba Cloud, has launched a new generation large model, Qwen3.5-Plus, with a total of 397 billion parameters and only 17 billion activated. Its performance surpasses that of the Qwen3-Max model, with significantly improved inference efficiency. The API price is set at a minimum of 0.8 RMB per million tokens. This model combines gating technology, linear attention mechanisms, and a sparse mixture of experts architecture, achieving an inference throughput increase of 8.6 times and 19 times in 32K and 256K context scenarios, respectively

Alibaba (09988.HK) subsidiary Alibaba Cloud announced the open-source release of the new generation large model Qwen3.5-Plus, which has a total of 397 billion parameters, with only 17 billion activated. Its performance is expected to exceed that of the trillion-parameter Qwen3-Max model, with a 60% reduction in deployment memory usage and a significant increase in inference efficiency, with maximum inference throughput potentially increasing by up to 19 times. Currently, the Qwen APP and PC version have integrated the Qwen3.5-Plus model, with API pricing as low as 0.8 RMB per million tokens.

Alibaba Cloud stated that the gating technology developed by the Qwen team has been integrated into the innovative hybrid architecture of Qwen 3.5. The team combined linear attention mechanisms with the sparse mixture of experts (MoE) model architecture to achieve extreme model efficiency with a total of 397 billion parameters and only 17 billion activated.

At the same time, Qwen 3.5 has achieved performance parity with the Qwen3-Max model through a series of technologies such as training stability optimization and multi-token prediction, further enhancing inference efficiency. In commonly used 32K context scenarios, the inference throughput of Qwen 3.5 can be increased by 8.6 times; in 256K ultra-long context situations, the inference throughput of Qwen3.5 can be increased by up to 19 times, significantly improving inference efficiency

### Related Stocks

- [KBAB.US - KraneShares 2x Long BABA Daily ETF](https://longbridge.com/en/quote/KBAB.US.md)
- [159998.CN - Tianhong CSI Computer Theme ETF](https://longbridge.com/en/quote/159998.CN.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)
- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [KWEB.US - Krne Csi China Internet](https://longbridge.com/en/quote/KWEB.US.md)
- [BABX.US - BABA 2x Long Daily ETF - GraniteShares](https://longbridge.com/en/quote/BABX.US.md)
- [CLOU.US - Global X Cloud Computing ETF](https://longbridge.com/en/quote/CLOU.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents | Alibaba Group has launched its latest AI model, Qwen3.5, featuring advanced agentic capabilities amid rising competition | [Link](https://longbridge.com/en/news/276091034.md) |
| PNC Financial Services Group Inc. Acquires 3,223 Shares of Alibaba Group Holding Limited $BABA | PNC Financial Services Group Inc. increased its stake in Alibaba Group Holding Limited by 7.1% in Q3, acquiring an addit | [Link](https://longbridge.com/en/news/276318339.md) |
| Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) |
| Alibaba Stock Forecast Ahead of Q3 Earnings – Here's What to Expect | E-commerce giant Alibaba (BABA) is set to report fiscal Q3 2026 results soon, with analysts expecting earnings of $1.68  | [Link](https://longbridge.com/en/news/276325421.md) |
| Alibaba (BABA) Upgrades Qwen AI Model as China's Tech Giants Battle for Users | Alibaba has upgraded its AI model to Qwen3.5, enhancing its capabilities in text, image, and video processing. This move | [Link](https://longbridge.com/en/news/276055492.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.