• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Tech

Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon

by
October 31, 2023
in Tech
0
Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023.

Aly Song | Reuters

Alibaba on Tuesday launched the latest version of its artificial intelligence model, as the Chinese technology giant looks to compete with U.S. tech rivals such as Amazon and Microsoft.

China’s biggest cloud computing and e-commerce player announced Tongyi Qianwen 2.0, its latest large language model (LLM). A LLM is trained on vast amounts of data and forms the basis for generative AI applications such as ChatGPT, which is developed by U.S. firm OpenAI.

Alibaba called Tongyi Qianwen 2.0 a “substantial upgrade from its predecessor,” which was introduced in April.

Tongyi Qianwen 2.0 “demonstrates remarkable capabilities in understanding complex instructions, copywriting, reasoning, memorizing, and preventing hallucinations,” Alibaba said in a press release. Hallucinations refer to AI that presents incorrect information.

Alibaba also released AI models designed for applications in specific industries and uses — such as legal counselling and finance — as it angles in on businesses.

The Hangzhou-headquartered company also announced the GenAI Service Platform, which lets companies build their own generative AI applications, using their own data. One of the fears that businesses have about public generative AI products like ChatGPT is that data could be accessed by third parties.

Alibaba and other major cloud players are offering tools for companies to build their own generative AI products using their own data, which would protected by these providers as part of the service package.

Microsoft’s Azure OpenAI Studio and Amazon Web Service’s Bedrock are two rival services.

While Alibaba is the biggest cloud player by market share in China, the company is trying to catch up with the likes of Amazon and Microsoft overseas.

Tags: AlibabaAlibaba Group Holding LtdAmazonAmazon.com IncArtificial intelligencebusiness newsChallengeChinaChineseEnterpriseGenerative AIgiantInternetlaunchesMicrosoftMicrosoft CorpModeltechUnited Statesupgraded
Previous Post

Bitcoin 2008: Satoshi Nakamoto’s Busy Few Months Building the Revolutionary ‘P2P Electronic Cash’ Network

Next Post

Bharti Airtel Q2 Results: PAT falls 37% YoY to Rs 1,341 cr; misses estimates

Next Post
Bharti Airtel Q2 Results: PAT falls 37% YoY to Rs 1,341 cr; misses estimates

Bharti Airtel Q2 Results: PAT falls 37% YoY to Rs 1,341 cr; misses estimates

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Working-age Americans are struggling to pay for health care, even those with insurance, report finds

Working-age Americans are struggling to pay for health care, even those with insurance, report finds

October 28, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Iran asks Gulf states to mediate for ceasefire with Israel, sources say

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

June 16, 2025
Why aren’t Chinese consumers spending enough money?

Why aren’t Chinese consumers spending enough money?

June 16, 2025
These 4 stocks consistently decreasing quarterly EPS

These 4 stocks consistently decreasing quarterly EPS

June 16, 2025
Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

June 16, 2025

Recent News

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

June 16, 2025
Why aren’t Chinese consumers spending enough money?

Why aren’t Chinese consumers spending enough money?

June 16, 2025
These 4 stocks consistently decreasing quarterly EPS

These 4 stocks consistently decreasing quarterly EPS

June 16, 2025
Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

June 16, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

June 16, 2025
Why aren’t Chinese consumers spending enough money?

Why aren’t Chinese consumers spending enough money?

June 16, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.