An Alibaba Group sign is seen on the World Artificial Intelligence Conference in Shanghai, July 6, 2023.
Aly Song | Reuters
Alibaba on Tuesday launched the newest version of its artificial intelligence model, because the Chinese technology giant looks to compete with U.S. tech rivals reminiscent of Amazon and Microsoft.
China’s biggest cloud computing and e-commerce player announced Tongyi Qianwen 2.0, its latest large language model (LLM). A LLM is trained on vast amounts of information and forms the idea for generative AI applications reminiscent of ChatGPT, which is developed by U.S. firm OpenAI.
Alibaba called Tongyi Qianwen 2.0 a “substantial upgrade from its predecessor,” which was introduced in April.
Tongyi Qianwen 2.0 “demonstrates remarkable capabilities in understanding complex instructions, copywriting, reasoning, memorizing, and stopping hallucinations,” Alibaba said in a press release. Hallucinations consult with AI that presents misinformation.
Alibaba also released AI models designed for applications in specific industries and uses — reminiscent of legal counselling and finance — because it angles in on businesses.
The Hangzhou-headquartered company also announced the GenAI Service Platform, which lets firms construct their very own generative AI applications, using their very own data. Certainly one of the fears that companies have about public generative AI products like ChatGPT is that data may very well be accessed by third parties.
Alibaba and other major cloud players are offering tools for firms to construct their very own generative AI products using their very own data, which might protected by these providers as a part of the service package.
Microsoft’s Azure OpenAI Studio and Amazon Web Service’s Bedrock are two rival services.
While Alibaba is the largest cloud player by market share in China, the corporate is attempting to meet up with the likes of Amazon and Microsoft overseas.
