
Alibaba Cloud Bolsters AI Offerings To Competes Globally With New LLMs

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Alibaba Cloud is enhancing its AI offerings for international markets with new large language models, Qwen-Max and QwQ-Plus, to compete with US counterparts. The cloud division is expanding its platform-as-a-service options and has introduced affordable business intelligence tools for developers. A new version of the Quark AI assistant has also been launched. The performance gap between Chinese and US AI models is narrowing, with Chinese models now ranking among the top 15 globally. BABA stock is currently down 0.78% at $98.59.

