Alibaba opens AI model Tongyi Qianwen to the public
In an internal letter to Alibaba staff on Tuesday, Wu said that AI would be at the centre of Alibaba Group's future strategy.
Alibaba said on Wednesday it would open its artificial intelligence model Tongyi Qianwen to the public, in a sign it has gained Chinese regulatory approval to mass-market the model.
Authorities in China have recently accelerated efforts to support companies developing AI as the technology increasingly becomes a focus of competition with the United States.
The Alibaba Cloud Intelligence Division said organisations including OPPO, Taobao, DingTalk and Zhejiang University have reached cooperation agreements to train their own large language models or develop language model applications based on Tongyi Qianwen, according to a post published on its WeChat account.
The post also said that in the near future, an open source version of the large language model would become available for free commercial use "by the whole society".
Earlier this week, Alibaba's Cloud division's chief, former group CEO Daniel Zhang, stepped down from his post. He was replaced by newly installed Alibaba Group CEO, Eddie Wu.
In an internal letter to Alibaba staff on Tuesday, Wu said that AI would be at the centre of Alibaba Group's future strategy.
"Over the next decade, the most significant change agent will be the disruptions bought about by AI across all sectors," Wu said in the letter.
"If we don't keep up with the changes of the AI era, we will be displaced."
Alibaba first unveiled Tongyi Qianwen in April, saying at the time that the AI large language model, which is similar to ChatGPT, would be integrated into all business applications.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Rs 2,000 Monthly SIP: Can one achieve Rs 3.18 crore corpus by investing Rs 2,000 monthly? If yes, in how many years
SIP+SWP Calculator: Rs 12,000 monthly SIP for 25 years and then Rs 135,000 monthly income for 30 years; how it can work out
Stocks to buy for 15 days: Analysts bullish on these 2 largecap, 2 midcap, 1 smallcap scrips - Check targets
Latest FD Interest Rates: What SBI, PNB, HDFC Bank, ICICI Bank and other banks are offering in 3-year fixed deposit schemes
SBI Senior Citizen FD Interest Rates: Know how Rs 5 lakh, Rs 10 lakh, and Rs 15 lakh investments will give in maturity in Amrit Vrishti, 1-, 3-, and 5-year fixed deposit schemes
Home Loan Calculator: How 10% prepayment of Rs 85 lakh, 25-year loan can save Rs 40.23 lakh and 65 months; see calculations
Top 7 Flexi Cap Mutual Funds With Best SIP Returns in 5 Years: Rs 15,000 monthly SIP investment in No. 1 scheme has jumped to Rs 19,07,364
Top 7 ETFs That Have Given up to 59% Returns in 1 Year: No. 1 ETF has turned Rs 3 lakh investment into Rs 4.65 lakh; know about others too
10:42 AM IST