Alibaba Upgrades AI Model Tongyi Qianwen, Releases Industry-Specific Models

Reuters2023-10-31

HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba 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.

It also said it has launched eight AI models for the entertainment, finance, healthcare and legal industries.

The upgrade comes just six months after the model's initial release, reflecting the pace at which tech companies are racing to control China's nascent and quickly expanding AI market.

Rival Tencent last month said China was in the middle of a "war of a hundred models", with over 130 flooding the market. Tencent said its Hunyuan AI has more than 100 billion parameters and exceeds OpenAI's GPT-4 model in processing Chinese.

The GPT-3 AI model from Microsoft-backed OpenAI contained 175 billion parameters in 2020 and Meta Platform's Llama 2 model had 70 billion parameters in 2023.

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.

He said Alibaba's AI model-sharing platform ModelScope now features 2,300 models and 2.7 million contributing developers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

7

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2379020562?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-10-31 19:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2379020562","market":"us","top_or_hot":-1,"title":"Alibaba Upgrades AI Model Tongyi Qianwen, Releases Industry-Specific Models","media":"Reuters","content":"<html><head></head><body><p>HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba 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.</p><p>Alibaba&#39;s cloud computing arm at its annual conference in Hangzhou said Tongyi Qianwen 2.0 has &#34;hundreds of billions of&#34; parameters - a benchmark used to measure AI model power - making it one of the world&#39;s most powerful AI models by that metric.</p><p>It also said it has launched eight AI models for the entertainment, finance, healthcare and legal industries.</p><p>The upgrade comes just six months after the model&#39;s initial release, reflecting the pace at which tech companies are racing to control China&#39;s nascent and quickly expanding AI market.</p><p>Rival Tencent last month said China was in the middle of a &#34;war of a hundred models&#34;, with over 130 flooding the market. Tencent said its Hunyuan AI has more than 100 billion parameters and exceeds OpenAI&#39;s GPT-4 model in processing Chinese.</p><p>The GPT-3 AI model from Microsoft-backed OpenAI contained 175 billion parameters in 2020 and <a href=\"https://laohu8.com/S/META\">Meta Platform</a>&#39;s Llama 2 model had 70 billion parameters in 2023.</p><p>Alibaba&#39;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.</p><p>At the conference, Chairman Joe Tsai also said about half of large-language AI models in the China now run on Alibaba Cloud.</p><p>He said Alibaba&#39;s AI model-sharing platform ModelScope now features 2,300 models and 2.7 million contributing developers.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Upgrades AI Model Tongyi Qianwen, Releases Industry-Specific Models</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Upgrades AI Model Tongyi Qianwen, Releases Industry-Specific Models\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-31 19:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and released a suite of industry-specific AI models ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2379020562","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2379020562","pubTimestamp":1698751336,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"(Adds AI model update, industry-specific AI models, context throughout)   By Josh Ye      HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba    said on Tuesday it has updated its artificia","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"translate_title":"阿里巴巴-SW升级人工智能模型童一文倩，发布行业专用模型","themeId":"d5a154ad31824bafb78dd4878d009f3e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.9,"BABA":0.6},"content_text":"HONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba 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.It also said it has launched eight AI models for the entertainment, finance, healthcare and legal industries.The upgrade comes just six months after the model's initial release, reflecting the pace at which tech companies are racing to control China's nascent and quickly expanding AI market.Rival Tencent last month said China was in the middle of a \"war of a hundred models\", with over 130 flooding the market. Tencent said its Hunyuan AI has more than 100 billion parameters and exceeds OpenAI's GPT-4 model in processing Chinese.The GPT-3 AI model from Microsoft-backed OpenAI contained 175 billion parameters in 2020 and Meta Platform's Llama 2 model had 70 billion parameters in 2023.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.He said Alibaba's AI model-sharing platform ModelScope now features 2,300 models and 2.7 million contributing developers.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2379020562"}