HomeAbout

TL;DR CNBC


Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon - TL;DR CNBC

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

Publishing timestamp: 2023-10-31 22:19:51


Summary

Alibaba has launched its latest version of its artificial intelligence model, Tongyi Qianwen 2.0, as it aims to compete with U.S. rivals like Amazon and Microsoft. The model is a large language model trained on vast amounts of data and is used for generative AI applications. Alibaba also introduced the GenAI Service Platform, which allows companies to build their own generative AI applications using their own data. The company is trying to catch up with Amazon and Microsoft in the cloud computing market.


Sentiment: NEUTRAL

Tickers: BABAMSFTAMZN

Keywords: amazon.com incartificial intelligencegenerative aialibaba group holding ltdunited statesenterprisebusiness newsinternetchinamicrosoft corp

Source: https://www.cnbc.com/2023/10/31/alibaba-launches-upgraded-ai-model-to-challenge-microsoft-amazon.html


Developed by Leo Phan