Key Points
The Alibaba Cloud logo is displayed near a screen showing the website of its Tongyi Qianwen AI chatbot, in this illustration picture taken June 28, 2023..
HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba (9988.HK) said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and released a suite of industry-specific AI models amid an intensifying AI race among tech companies...
Alibaba's cloud computing arm at its annual conference in Hangzhou said Tongyi Qianwen 2.0 has "hundreds of billions of" parameters - a benchmark used to measure AI model power - making it one of the world's most powerful AI models by that metric...
Alibaba's industry-specific models went online on Tuesday, offering dedicated tools for creating images, writing computer code, analysing financial data and searching for legal documents...
At the conference, Chairman Joe Tsai also said about half of large-language AI models in the China now run on Alibaba Cloud...
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