In a bid to challenge tech giants like Amazon and Microsoft, Alibaba, China’s leading cloud computing and e-commerce company, launched its upgraded artificial intelligence model, Tongyi Qianwen 2.0, at its annual conference in Hangzhou. This latest version, touted as a significant improvement over its predecessor introduced in April, boasts “hundreds of billions of” parameters, positioning it among the world’s most powerful AI models.
In addition to Tongyi Qianwen 2.0, Alibaba introduced a suite of eight industry-specific AI models tailored for applications in the entertainment, finance, healthcare, and legal sectors. These specialized models signify Alibaba’s strategic move to cater to diverse business needs, emphasizing the company’s commitment to providing versatile AI solutions.
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