Alibaba releases two open-sourced AI models to compete with Meta

News Image

MG News | August 03, 2023 at 12:38 PM GMT+05:00

0:00

August 03, 2023 (MLN): Chinese tech giant Alibaba Group's cloud computing unit released two open-sourced artificial intelligence (AI) models on Thursday in a bid to take on Meta Platform, as Reuters reported.

The Hangzhou-based company said it will open-source two large language models (LLM), a type of AI model, named Qwen-7B and Qwen-7B-Chat on Thursday in a press release.

Each model has 7 billion parameters, which are often used to measure strength.

This comes after Meta unveiled a similar open-sourced model named Llama 2 last month.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 183,187.55
281.04M
-0.51%
-942.03
ALLSHR 110,204.62
454.32M
-0.50%
-559.11
KSE30 55,914.48
78.86M
-0.65%
-364.03
KMI30 257,616.80
50.53M
-0.88%
-2291.09
KMIALLSHR 70,717.55
290.82M
-0.68%
-481.09
BKTi 53,505.00
46.36M
-0.35%
-188.69
OGTi 36,697.70
14.05M
-2.37%
-891.54
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,690.00 72,760.00
70,125.00
430.00
0.61%
BRENT CRUDE 67.30 67.74
67.02
-0.75
-1.10%
RICHARDS BAY COAL MONTHLY 96.00 96.00
96.00
1.50
1.59%
ROTTERDAM COAL MONTHLY 102.75 103.25
101.30
2.25
2.24%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 62.85 63.30
62.62
-0.70
-1.10%
SUGAR #11 WORLD 14.14 14.30
14.07
-0.13
-0.91%

Chart of the Day


Latest News
February 09, 2026 at 11:06 AM GMT+05:00

Moody’s shifts Pakistan's banking outlook to 'Stable'


February 09, 2026 at 10:49 AM GMT+05:00

Gold price in Pakistan rises Rs5,300 per tola


February 09, 2026 at 10:40 AM GMT+05:00

Pakistan posts Rs542bn fiscal surplus in 1HFY26


February 09, 2026 at 10:39 AM GMT+05:00

PQGTL starts trading on PSX tomorrow



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg