Alibaba calls Tongyi Qianwen 2.0 a “significant upgrade over its predecessor” introduced in April 2023. It is the latest version of the large language model (LLM) trained on massive datasets and forms the basis for synthetic AI applications like OpenAI's ChatGPT.
| Alibaba is currently the largest cloud computing company by market share in China, and it is trying to catch up with Amazon and Microsoft overseas. |
Tongyi Qianwen 2.0 “demonstrates its superior ability to understand complex instructions, write advertisements, reason, memorize, and prevent hallucinations,” Alibaba said in a press release. Hallucinations here mean that the AI provides inaccurate information.
Additionally, Alibaba also releases AI models designed for applications in specific industries and for specific uses such as legal and financial consulting, as it targets businesses.
Alibaba also announced the GenAI “Service Platform,” which allows companies to build AI applications using their own data sources. This is seen as a solution to concerns that data from publicly created AI products could be accessed by third parties.
At the Alibaba Cloud Summit 2023, the Chinese company announced that it would deploy AI-powered chatbots across all of its products, from corporate communications to e-commerce, in the “near future.”
Alibaba is currently the largest cloud computing company by market share in China, and it is trying to catch up with Amazon and Microsoft overseas.
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