🚀 Alibaba has announced significant improvements to its Tongyi Qianwen AI model, showing its ambitions in the field of artificial intelligence. At the conference in Hangzhou, new features of Tongyi Qianwen 2.0 with hundreds of billions of parameters were presented.
🌐 The company also introduced eight specialized AI models for various industries such as entertainment, finance, healthcare and law. These models will help you create images, analyze financial data, write code, and search legal documents.
The rapid development of the AI market highlights the fierce competition between tech giants such as Alibaba and Tencent. Alibaba Chairman Joe Tsai said Alibaba Cloud powers nearly 50% of large AI models in China, and there are more than 2,300 models on the ModelScope platform.