Nigeria, Jan. 1 -- Alibaba, a Chinese tech behemoth, said Tuesday that it is reducing the cost of its massive language models by as much as 85%.
Alibaba Cloud, the cloud computing branch of the Hangzhou-based e-commerce company, announced on WeChat that it is lowering the cost of its visual language model, Qwen-VL, which is intended to recognise and comprehend both text and images.
Alibaba's stock closed 0.5% higher on Hong Kong's last trading day of the year, indicating little movement in response to the announcement.
However, the price reductions show how China's tech behemoths are strengthening their competition to gain more customers for their emerging AI goods.
Over the past 18 months, major Chinese tech companies including Aliba...
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