Technology
Tuesday, October 31st, 2023 2:09 pm EDT
Key Points
- Alibaba has launched Tongyi Qianwen 2.0, its latest large language model (LLM), to compete with U.S. tech giants like Amazon and Microsoft. This LLM is seen as a substantial upgrade from its predecessor and boasts enhanced capabilities in understanding complex instructions, copywriting, reasoning, memorization, and preventing the presentation of incorrect information.
- Alibaba has also released AI models tailored for specific industries, including legal counseling and finance, as it aims to expand its presence and offerings for businesses.
- The company introduced the GenAI Service Platform, allowing businesses to create their own generative AI applications using their data, addressing concerns about data access by third parties. Alibaba is looking to compete more effectively with global cloud providers like Amazon and Microsoft, particularly in overseas markets.
Alibaba has launched Tongyi Qianwen 2.0, its latest large language model (LLM), in a bid to compete with U.S. tech giants like Amazon and Microsoft. The LLM has been described as a “substantial upgrade” from its predecessor, with enhanced capabilities in understanding complex instructions, copywriting, reasoning, memorization, and preventing the presentation of incorrect information. Alibaba has also released AI models tailored for specific industries like legal counseling and finance. Additionally, the company introduced the GenAI Service Platform, enabling businesses to create their own generative AI applications using their data. This move aligns with the trend among major cloud providers, including Amazon and Microsoft, to offer tools for building generative AI applications while protecting user data. Alibaba aims to expand its presence overseas and catch up with global competitors.
For the full original article on CNBC, please click here: https://www.cnbc.com/2023/10/31/alibaba-launches-upgraded-ai-model-to-challenge-microsoft-amazon.html
