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☆ China wants to dominate in AI — and some of its models are already beating their U.S. rivals
▼ + stars: | 2024-12-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

China is focusing on large language models (LLMs) in the artificial intelligence space. On Hugging Face, a repository of LLMs, Chinese LLMs are the most downloaded, according to Tiezhen Wang, a machine learning engineer at the company. Qwen, a family of AI models created by Chinese e-commerce giant Alibaba , is the most popular on Hugging Face, he said. Facebook parent Meta, as well as European start-up Mistral, also have open-source versions of AI models. While the focus is on AI models right now, there is also debate over what applications will be built on top of them — and who will dominate this global internet landscape going forward.

Persons: It's, Tiezhen Wang, Wang, Qwen, DeepSeek, we've, Grace Isford, Mistral, Paul Triolo, Isford, Xin Sun Organizations: Istock, Getty, CNBC, U.S, OpenAI's o1, Lux Capital, Facebook, Group, Google, Apple, King's College London Locations: China, U.S, Washington, OpenAI, Beijing

☆ Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
▼ + stars: | 2024-10-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Chinese e-commerce giant Alibaba 's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is better than products offered by Google, DeepL and ChatGPT. Alibaba's fast-growing international unit released the AI translation product as an update to one unveiled about a year ago, which it says already has 500,000 merchant users. Sellers based in one country can use the translation tool to create product pages in the language of the target market. Large language models power artificial intelligence applications such as OpenAI's ChatGPT, which can also translate text. Alibaba's translation tool is based on its own model called Qwen.

Persons: Marco MT, Sellers, Kaifu Zhang Organizations: Alibaba, Google, Flores, Alibaba International Digital Commerce Group, CNBC Locations: China, BEIJING

☆ China's Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool
▼ + stars: | 2024-09-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The newly-released models, known as Qwen 2.5, are designed for use in applications and sectors ranging from automobiles to gaming and science research, Alibaba said. AI models are trained on huge amounts of data. By open sourcing the models, Alibaba hopes more users will use its AI. Alibaba also launched a new text-to-video tool based on its AI models. "Alibaba Cloud is investing, with unprecedented intensity, in the research and development of AI technology and the building of its global infrastructure," Eddie Wu, CEO of Alibaba, said in a statement.

Persons: Alibaba, Max, Sora, Eddie Wu Organizations: Baidu, Huawei, titans, Microsoft, Max Locations: Nanjing, Jiangsu province, China, Hangzhou

☆ Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more
▼ + stars: | 2024-09-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Coursera — The online education platform jumped more than 8% on the back of Bank of America's initiation at a buy rating. Uber shares rose 3%. NextEra Energy Partners — The stock rose more than 3% on the heels of Jefferies initiating coverage with a buy rating. Crypto stocks — Stocks tied to bitcoin's price climbed as the cryptocurrency moved more than 4% higher following the Fed's rate cut on Wednesday.

Persons: Tesla, Meta, Coursera, Uber, DoorDash, Jefferies, Stocks, MicroStrategy, Alibaba, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Tech, Federal, Nvidia, Therapeutics, Intel, Bank of, Darden, DoorDash, NextEra Energy Partners, JPMorgan Locations: Mobileye, Olive

☆ Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
▼ + stars: | 2024-09-19 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. DoorDash — The food delivery stock rose more than 3% after an upgrade to buy from neutral at BTIG. Alibaba – Shares rose more than 4% after the Chinese e-commerce company launched more than 100 open-source artificial intelligence models and a text-to-video tool. FedEx — Shares rose more than 1% ahead of the shipping giant's first-quarter earnings report due after the bell.

Persons: Uber, Jefferies, chipmakers, FactSet, Alibaba, Max, Stocks, bitcoin, — CNBC's Sean Conlon, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Sarah Min, Michelle Fox Theobald Organizations: Darden, Olive, NextEra Energy, Nvidia, Arm Holdings, Micron, Micron Technology, FedEx —

☆ China wants to challenge the U.S. in AI — here's what Chinese giants are doing with the tech
▼ + stars: | 2024-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Generative AI includes applications like OpenAI's ChatGPT, which has the ability to generate text, images and even video based on user prompts. These applications are powered by large AI models which are trained on huge amounts of data, such as Google's Gemini. Chinese technology firms have had to tread carefully in releasing their technology as Beijing has strict requirements for AI models and their uses. CNBC runs through the big Chinese AI models developed by the country's biggest tech firms. It has created a number of AI models aimed at customers in specific industries including government, finance, manufacturing, mining, and meteorology.

Persons: catchup, ERNIE Baidu, Ernie Bot, OpenAI's, Baidu, Ernie, Alibaba, Qianwen, Tencent, Hunyuan, Doubao Organizations: Istock, Getty, U.S, CNBC, Baidu, Huawei, Pangu Huawei Locations: China, Alibaba, U.S . China, Beijing

☆ Alibaba rolls out latest version of its large language model to meet robust AI demand
▼ + stars: | 2024-05-09 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Alibaba Cloud said on Thursday it released the latest version of its large language model after more than 90,000 deployments by companies. 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. 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 large language model evaluation platform OpenCompass.

Persons: Alibaba Cloud, Zhou, Alibaba, OpenAI's Locations: Huangpu District, Shanghai

☆ Alibaba launches AI model that can understand images and have more complex conversations
▼ + stars: | 2023-08-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Alibaba on Friday launched a new artificial intelligence model that the company says can understand images and carry out more complex conversations than the company's previous products, as the global race for leadership in the technology heats up. Alibaba said that Qwen-VL can respond to open-ended queries related to different images and generate picture captions. Qwen-VL-Chat meanwhile caters to more "complex interaction," according to Alibaba, such as comparing multiple image inputs and answering several rounds of questions. The latest version of OpenAI's ChatGPT also has the ability to understand images and respond in text, much like Qwen-VL-Chat.

Persons: Alibaba, ChatGPT Organizations: Artificial Intelligence Locations: Shanghai

☆ Alibaba unveils open-sourced AI model similar to Meta's Llama 2
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: 1 min

3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoHONG KONG, Aug 3 (Reuters) - Chinese tech giant Alibaba Group's (9988.HK), cloud computing unit released two open-sourced artificial intelligence (AI) models on Thursday in a bid to take on Meta Platform (META.O). The Hangzhou-based company said it will open-source two large language models (LLM), a type of AI model, named Qwen-7B and Qwen-7B-Chat on Thursday in a press release. Each model has 7 billion parameters, which is often used to measure the strength. This comes after Meta unveiled a similar open-sourced model named Llama 2 last month.

Persons: Dado Ruvic, HONG KONG, Josh Ye, Himani Sarkar Organizations: REUTERS, HK, Meta, Thomson Locations: HONG, Hangzhou

☆ Chinese tech giant Alibaba challenges Meta with open-sourced A.I. model launch
▼ + stars: | 2023-08-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

In April, Alibaba launched its large language model (LLM) called Tongyi Qianwen. Tongyi Qianwen allows AI content generation in English and Chinese and has different model sizes, including seven billion parameters and above. While Alibaba might not earn licensing fees from open-sourcing its technology, the distribution will help the company get more users for its AI model. This comes at a time when China's biggest e-commerce company is looking to boost its cloud computing division through investments in AI, targeting cloud computing as a critical future area for profitability and growth. Offering a good LLM for AI apps development is a potential competitive advantage for cloud computing players.

Persons: Alibaba, Tongyi, Alibaba hasn't Organizations: Artificial Intelligence, U.S, Microsoft Locations: Shanghai, China, Alibaba, Hangzhou

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