China’s Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool

CNBC September 19, 2024
Arjun Kharpal

Key Points

– Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology.

– The Hangzhou-headquartered firm is looking to increase competition with domestic rivals such as Baidu and Huawei, as well as U.S. titans like Microsoft and OpenAI.

– Alibaba also launched a new text-to-video tool based on its AI models. This allows users to input a prompt and the AI will create a video based on it, similar to OpenAI’s Sora.

Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology as it looks to ramp up competition with rivals.

The newly-released models, known as Qwen 2.5, are designed for...

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