Tongyi Qianwen Tag

16 Apr Alibaba strengthens commitment to open-source development of AI models amid debate over this strategy

Posted at 11:30h in Asia

The e-commerce giant could have been “more aggressive in open-source [development]” over the past year based on the gains made by Tongyi Qianwen, according to Alibaba’s Lin Junyang, who is in charge of the model’s open-source buildout, in a WeChat post published on Monday. Alibaba...

06 Mar Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US$2 billion

Posted at 00:00h in Asia

Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said. The two investors requested anonymity because they are not authorised to speak...

15 Jan Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

Posted at 10:00h in Asia

“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager at Alibaba.com North America, said in a statement last week.The Alibaba.com booth features the e-commerce...

Tongyi Qianwen Tag

16 Apr Alibaba strengthens commitment to open-source development of AI models amid debate over this strategy

15 Jan Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

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