Alibaba Cloud has introduced the latest large language model (LLM) called Tongyi Qianwen 2.0.

Key features of Tongyi Qianwen 2.0 include the ability to understand complex instructions, copywrite, reason, memorize, and reduce the creation of false information (referred to as hallucination).

Additionally, the AI model carries advancements for sector-specific uses such as customer support, healthcare, finance, and others.

Analyst QuickTake: This launch intensifies the competition with US tech counterparts like Amazon and Microsoft, which have already established themselves as major players in the global cloud computing and AI markets. Alibaba, while dominant in the Chinese cloud computing market, is seen to be actively expanding its reach to compete on an international scale. Its focus on offering specialized AI models for industries like legal counseling and finance showcases its commitment to diversifying its offerings to address the specific needs of various sectors.