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Alibaba Accelerates AI Push by Releasing New Open-Source Models, Text-to-Video

BEIJING, Sept 19 (Reuters) - Chinese technology company Alibaba released on Thursday new open-source artificial intelligence models and text-to-video AI technology, intensifying its efforts to comp

Alibaba Accelerates AI Push by Releasing New Open-Source Models, Text-to-Video

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Chinese technology company Alibaba released on Thursday new open-source artificial intelligence models and text-to-video AI technology, intensifying its efforts to compete in the booming area of generative AI.</p><p>The open-source models, numbering more than 100, come from Alibaba&#39;s Qwen 2.5 family, its latest foundational large language model released in May.</p><p>Chinese technology companies, like their U.S. counterparts, have been investing heavily in generative AI, with firms racing to develop robust product portfolios and diversified offerings.</p><p>While competitors such as Baidu and OpenAI have primarily adopted closed-source approaches, Alibaba has embraced a hybrid model, investing in both proprietary and open-source development to broaden its AI product range.</p><p>Its new models range from 0.5 to 72 billion parameters - the variables that determine an AI model&#39;s capability and performance - in size, offering proficiency in mathematics, coding, and support for over 29 languages, Alibaba said in a statement.</p><p>The models aim to cater to a wide array of AI applications across various sectors including automotive, gaming, and scientific research.</p><p>Alibaba on Thursday also unveiled a new text-to-video model as part of its Tongyi Wanxiang image generation family, joining a growing number of Chinese tech firms entering this emerging market.</p><p>The move puts Alibaba in direct competition with global players such as OpenAI, which has also shown interest in text-to-video technology.</p><p>In August, ByteDance, owner of TikTok, launched its text-to-video app Jimeng AI on Apple&#39;s App Store for Chinese users.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0228367735.SGD":"Eastspring Investments - 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