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Stock impact report

Alibaba rolls out latest version of its large language model to meet robust AI demand [CNBC]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: CNBC
Jingren Zhou, chief technology officer of Alibaba Cloud, said in a statement the firm has seen “many creative applications of the models from across the industries,” including consumer electronics and gaming. “We look forward to collaborating with our customers and developers in seizing the immense growth opportunities presented by the latest surge in the generative AI development,” said Zhou. Alibaba Cloud said the latest version of its Tongyi Qianwen model, Qwen2.5, possesses “remarkable advancements in reasoning, code comprehension, and textual understanding compared to its predecessor Qwen2.0.” Large language models power artificial intelligence applications like OpenAI's ChatGPT. They are trained on vast amounts of data to generate humanlike responses to user prompts. The latest Qwen model fares better than OpenAI's GPT-4 model in language and creation capabilities, but fell short in other categories like knowledge, reasoning and math, according to a March analysis by Show less Read more
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