The World Synthetic Intelligence Convention in Shanghai in July 2023.
Aly Tune | Reuters
Alibaba is slicing costs on its giant language fashions by as much as 85%, the Chinese language tech large introduced Tuesday.
The Hangzhou-based e-commerce agency’s cloud computing division, Alibaba Cloud, mentioned in a WeChat submit that it is providing the value cuts on its visible language mannequin, Qwen-VL, which is designed to understand and perceive each texts and pictures.
Shares of Alibaba did not transfer a lot on the announcement, closing 0.5% increased on the ultimate buying and selling day of the 12 months in Hong Kong.
Nonetheless, the value cuts reveal how the race amongst China’s expertise giants to win extra enterprise for his or her nascent synthetic intelligence merchandise is intensifying.
Main Chinese language tech corporations together with Alibaba, Tencent, Baidu, JD.com, Huawei and TikTok mother or father firm Bytedance have all launched their very own giant language fashions over the previous 18 months, seeking to capitalize on the hype across the expertise.
It is not the primary time Alibaba has introduced worth cuts to incentivize companies to make use of its AI merchandise. In February, the corporate announced price reductions of as much as 55% on a variety of core cloud merchandise. Extra just lately, in Might, the corporate decreased costs on its Qwen AI mannequin by as much as 97% in a bid to spice up demand.
Giant language fashions, or LLMs for brief, are AI fashions which might be educated on huge portions of knowledge to generate humanlike responses to person queries and prompts. They’re the bedrock for right now’s generative AI techniques, like Microsoft-backed startup OpenAI’s widespread AI chatbot, ChatGPT.
In Alibaba’s case, the corporate is focusing its LLM efforts on the enterprise section moderately than launching a shopper AI chatbot like OpenAI’s ChatGPT. In Might, the corporate mentioned its Qwen fashions have been deployed by over 90,000 enterprise customers.
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