00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Alibaba Cloud unveiled its next-generation open artificial intelligence model,
00:07Quen, 3.5, ahead of the Lunar New Year, according to the South China Morning Post.
00:12The company released two new 3.5-series models on its cloud platform model studio on Monday
00:18afternoon. The launch followed a week in which major Chinese AI developers introduced new
00:23flagship models. Download data from Hugging Face showed Chinese open models overtook U.S.
00:28counterparts last year, with DeepSeq and Quen driving most of the growth.
00:33Expert Nathan Lambert said December downloads of Quen exceeded those of other major open
00:37models combined. Analyst Leonard Haim said downloads do not reflect real-world deployment.
00:43Alibaba continues to keep its largest max models closed while expanding commercialization
00:48through its cloud business. For all things money, visit Benzinga.com.
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