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Alibaba Launches New AI Model
Alibaba Group has revealed the development of a super artificial intelligence model that outperforms the current "Qin 3.8 Max" model by four times. They also announced the release of a new generation of chips called "Cheno V 900," which is considered the strongest in the Chinese market, with commercial production expected to begin in early 2027. The new model aims to efficiently handle complex and long-term tasks by training a model with between five and ten trillion parameters to ensure the achievement of advanced AI capabilities. Additionally, the CEO outlined a plan to increase the capacity of Alibaba Cloud's data centers to over 20 gigawatts by 2032. This announcement coincided with the company's stock rising by 5.1% on the Hong Kong Stock Exchange.
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