Alibaba has updated its AI model Tongyi Qianwen to version 2.0, making it one of the world's most powerful AI models.
The company has released eight industry-specific AI models for entertainment, finance, healthcare, etc.
This rapid upgrade highlights the intense competition among tech companies to dominate China's growing AI market.
Rival Tencent has also launched its AI model, Hunyuan, with more than 100 billion parameters.
Alibaba's AI ecosystem is expanding, with about half of China's large-language AI models now running on Alibaba Cloud, and the ModelScope platform hosting 2,300 models and 2.7 million contributing developers.