00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Alibaba Group launched a low-cost AI coding platform through its cloud division,
00:07giving developers access to leading Chinese AI models, according to Benzinga.
00:11The tool runs on open-source systems, including Alibaba's Qen 3.5 and models from Jipu AI,
00:17Moonshot AI, and Minimax. Users can switch between models under one subscription.
00:23Alibaba's chip unit T-head also unveiled the Genw 810E AI chip.
00:27Alibaba is strengthening its AI infrastructure by launching a high-end,
00:32self-developed chip as U.S. export restrictions limit China's access to advanced NVIDIA semiconductors.
00:37The company said the chip delivers performance broadly comparable to NVIDIA's H20 processor for
00:43China. Shares fell 1.32% to $146.10 in pre-market trading on Friday, according to Benzinga ProData.
00:52For all things money, visit Benzinga.com.
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