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

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Chinese technology giant Alibaba (9988.HK) said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and released a suite of industry-specific AI models amid an intensifying AI race among tech companies.

The Alibaba Cloud logo is displayed near a screen showing the website of its Tongyi Qianwen AI chatbot, in this illustration picture taken June 28, 2023. REUTERS/Florence Lo/Illustration/File Photosaid 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.

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