To keep up in the AI race, Alibaba also launched eight models for the entertainment, finance, healthcare, and legal sectors.
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. 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.
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.
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