Tag: Alibaba
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Alibaba Cloud Expands AI Capabilities Globally, Unveils New Models and Tools at Developer Summit
In a significant move to bolster its international presence, Alibaba Cloud, the cloud computing division of Alibaba Group, has announced a comprehensive expansion of its AI offerings at its annual developer summit in Indonesia. The company introduced an array of new large language models (LLMs), AI development tools, and upgraded cloud infrastructure, aiming to empower…
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Alibaba: Charting a Unique Path in E-Commerce and Beyond
In the ever-evolving landscape of global e-commerce, Alibaba Group Holding Ltd. (BABA) stands out not just as a competitor but as a pioneer with a strategy that distinctly diverges from its Western counterparts. Known for its mission to empower businesses rather than controlling all aspects of the supply chain, Alibaba has crafted a niche that…
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Alibaba Cloud News Update – 2025-01-08
Alibaba Cloud Shifts AI Market with Aggressive Pricing Strategy Alibaba Cloud has taken a significant step in democratizing access to artificial intelligence (AI) technology by announcing an unprecedented 85% reduction in pricing for its large language models. This move, which positions the company’s flagship Qwen-VL-Max model at just 0.003 yuan ($0.00041) per thousand tokens, is…