Market Chatter: Alibaba Cloud Collaborates with Chinese AI Unicorn for Large-Model Laboratory

MT Newswires Live01-06

Alibaba (HKG:9988) will work with Beijing-based unicorn 01.AI to establish an "industrial large model laboratory," the South China Morning Post reported Friday.

The laboratory will explore technology and services for artificial intelligence models using both companies' R&D capabilities, the report said, citing Alibaba Cloud.

Alibaba Cloud was among the contributors to 01.AI in November 2023 that helped the startup become a unicorn, according to the SCMP.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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