Alibaba Makes A Big AI Leap As Technology Continues To Evolve From Being A Useful Tool To A Genuine Game Changer
Portfolio Pulse from Upwallstreet
Alibaba Holdings Limited (NYSE:BABA) has released two new AI models, Qwen-VL and Qwen-VL-Chat, which are vision language models capable of reading and acting upon images. This comes a day after Meta Platforms Inc (NASDAQ:META) launched its AI model for writing computer code. Alibaba's new models are seen as a significant step in the AI race, although Meta remains ahead. Microsoft Corporation (NASDAQ:MSFT) is also mentioned in relation to its AI model, GPT-4.
September 15, 2023 | 6:28 pm
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POSITIVE IMPACT
Alibaba's release of two new AI models could potentially boost its position in the AI race.
The release of these new AI models could potentially increase Alibaba's competitiveness in the AI market, which could have a positive impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Despite Alibaba's new releases, Meta remains ahead in the AI race.
While Alibaba's new AI models are significant, Meta remains ahead in the AI race, which could maintain its stock stability.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Microsoft's AI model, GPT-4, is mentioned as a competitor in the AI race.
Microsoft's AI model, GPT-4, is mentioned as a competitor in the AI race, which could potentially impact its stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50