Hangzhou-headquartered Alibaba (BABA) released more than 100 new open-source AI models, and text-to-video AI tools on Thursday, amid a dramatic buildout of artificial intelligence applications globally, Arjun Kharpal writes for CNBC. Alibaba want to hold pace with its domestic competition like Baidu (BIDU) and Huawei, “as well as U.S. titans like Microsoft (MSFT) and OpenAI,” noted the CNBC story.
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