Alibaba Elevates AI War with Advanced Open-Source Models

Alibaba Group Holding Limited BABA launched a fresh artificial intelligence model capable of comprehending images and executing more tricky conversations than the company's previous products.

The companies give their peers, including open-source ones, a run for their money by making their two new open-source models, Qwen-VL and Qwen-VL-Chat, CNBC reports.

Facebook parent Meta Platforms Inc META has already launched an AI battle against Microsoft Corp MSFT backed OpenAI via its open-source tools.

Researchers, academics, and companies worldwide can leverage Alibaba's AI tools to create AI apps, saving time and expense.

Alibaba said that Qwen-VL can respond to open-ended queries related to different images and generate picture captions.

In contrast, Qwen-VL-Chat caters to more complex interactions, like comparing multiple image inputs and answering several questions. 

Alibaba says Qwen-VL-Chat can write stories and create images based on photos that a user inputs and solve mathematical equations shown in a picture.

The latest version of OpenAI's ChatGPT can also understand images and respond in text, much like Qwen-VL-Chat.

Alibaba open-sourced two other AI models in August. The open-source distribution will help the company get more users for its AI model as its cloud division prepares to go public.

The U.S. extended its one-year exemption on semiconductor tech embargo for China amid many canvassing by U.S. chipmakers, including Nvidia Corp NVDA.

Meanwhile, Nvidia again stunned the Street with its second-quarter results, proving that the AI frenzy is here to stay. It issued third-quarter revenue guidance of $16.00 billion, plus or minus 2%.

Price Action: BABA shares traded higher by 0.04% at $89.15 on the last check Friday.