Alibaba upgrades AI model Tongyi Qianwen, releases industry-specific models

Watch onHONG KONG - Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence model Tongyi Qianwen and released a suite of industry-specific AI models amid an intensifying AI race among tech companies.

It also said it has launched eight AI models for the entertainment, finance, healthcare and legal industries. Rival Tencent last month said China was in the middle of a"war of a hundred models", with over 130 flooding the market. Tencent said its Hunyuan AI has more than 100 billion parameters and exceeds OpenAI's GPT-4 model in processing Chinese.

Alibaba's industry-specific models went online on Tuesday, offering dedicated tools for creating images, writing computer code, analysing financial data and searching for legal documents.

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Alibaba Updates AI Model and Releases Industry-Specific AI ModelsChinese technology giant Alibaba has announced the update of its AI model Tongyi Qianwen and the release of industry-specific AI models. The updated model has hundreds of billions of parameters, making it one of the most powerful AI models in the world. Alibaba has also launched eight AI models for various industries including entertainment, finance, healthcare, and legal. This reflects the intense competition among tech companies to dominate China's growing AI market.
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