Alibaba Cloud and Fudan University Team Up for AI-Powered Computing Platform

Alibaba Group Holding Limited's BABA cloud unit and Fudan University joined forces for a cloud-based computing platform for universities in China.

The collaboration showcases the connection between tech companies and academic institutions in the AI era.

Computing for the Future at Fudan platform enables intelligent computing and supports large language models.

Alibaba Cloud founder Wang Jian expects increased collaboration between industry and education.

The platform has released a large model with 4.5 billion parameters, benefiting weather forecasting.

The model significantly reduces forecast time, improving accuracy and efficiency.

Chinese firms, including Alibaba and Baidu, Inc BIDU, are developing large-language model technology to power ChatGPT-style services.

On Wednesday, reports indicated that the U.S. is adopting a stricter stance over China's AI ambitions.

Reportedly, the U.S. wants to revise export controls on AI chips to limit China's access to advanced technologies with military applications.

Price Action: BABA shares traded lower by 0.99% at $83.75 premarket on the last check Thursday.

Photo via Wikimedia Commons

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.