JAKARTA, INDONESIA - Media OutReach Newswire - 21 January 2025 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has unveiled an expanded suite of large language models and AI development tools, upgraded infrastructure offerings, and new support programs for global developers at its annual developer summit today. These advancements aim to empower developers worldwide to build innovative AI applications more cost-effectively and drive a thriving global generative AI community. Upgraded Infrastructure for AI Development In order to provide robust computing to facilitate AI and other critical workloads, Alibaba Cloud revealed that its 9th Generation Enterprise Elastic Compute Service (ECS) instance will be available in global markets starting April this year. The latest generation of ECS instances has notable performance enhancements compared to its previous iteration, including a 20% increase in computing efficiency. Additionally, by accelerating networks through eRDMA (elastic Remote Direct Memory Access), its performance in supporting high-performance computing, search recommendations, and Redis databases can be further improved by up to 50%. The cloud pioneer has also announced its innovative Alibaba Cloud Container Compute Service (ACS) is now available for international customers starting from January 2025. Designed for simplified and optimized workload deployment using container technology, the ACS integrates container services with underlying cloud computing resources, significantly reducing costs and technical complexity and enabling developers to focus on innovation rather than infrastructure management. New GenAI Program to Spark Creativity To foster innovation, Alibaba Cloud introduced the Alibaba Cloud GenAI Empowerment Program, a dedicated support program for global developers and startups leveraging its Qwen models to build generative AI applications. Participants in the program can gain support including free cloud credits, training workshops, invitation to tech shows and demo days, as well as product co-marketing opportunities. This program is designed to help developers and startups accelerate their generative AI projects while connecting with a broader ecosystem of innovators. Global Developers and Customers Leveraging Qwen for Cutting-Edge Applications Axcxept, a Japanese company specializing in AI products such as voice assistants, has developed an open-source, lightweight AI model called EZO based on Qwen 2.5 LLM. The EZO model outperforms state-of-the-art (SOTA) models in areas such as coding, information extraction, math, reasoning, roleplay, and writing in Japanese. With low latency and robust performance, EZO is tailored to serve industries such as healthcare and public institutions in Japan, ensuring secure and efficient AI applications. "Qwen 2.5 has significantly enhanced its ability to process Japanese, giving it a competitive edge over other models. With Axcxept's proprietary training process, we have developed a Japanese LLM that delivers unmatched accuracy," said Kazuya Hodatsu, CEO of Axcxept Inc. OxValue.AI, a deep-tech venture from the University of Oxford, uses Alibaba Cloud's Qwen-based multimodal AI models for AI-driven company valuation services. By processing and analyzing text and audio data related to financing, R&D, and operations, OxValue achieves precise and cost-efficient valuation assessments tailored to corporate clients. "Processing diverse data sources is essential for our valuation services. With the support of Alibaba Cloud's AI models, we've significantly improved the quality and efficiency of this process. By collaborating with Alibaba Cloud, we're able to deliver greater value to our corporate clients," said Professor Xiaolan Fu, Founder of OxValue.AI. Hashtag: AlibabaCloud The issuer is solely responsible for the content of this announcement.  News Source: Alibaba Cloud 21/01/2025 Dissemination of a Financial Press Release, transmitted by EQS News. |
