Qwen 3.7: Alibaba's multimodal agent at $0.40/M tokens pressures frontier pricing
AnalysisAlibaba's Qwen 3.7 model family reached general availability in two stages last week, and the pricing is the headline. Qwen 3.7 Max ($2.50/$7.50 per million tokens, launched May 20) scores 56.6 on the Artificial Analysis Intelligence Index against Claude Opus 4.7's 57.3, a 0.7-point gap at roughly half the input cost. Qwen 3.7 Plus went GA June 1, adding vision and video understanding on a 1M-token context window at $0.40/$1.60 per million tokens, the lowest price point for a multimodal frontier agent currently available. Both are API-only with no open weights. The Max variant abstains on 52% of factual-retrieval questions, a real constraint for lookup-heavy workflows.