Alibaba Cloud recently launched a series of artificial intelligence (AI) tools designed for various industries at the annual Apsara Conference in Hangzhou, China. These innovative tools are powered by Alibaba Cloud's latest Large Language Model (LLM) known as Tongyi Qianwen 2.0.

At the conference, Alibaba Cloud introduced a range of artificial intelligence tools specifically designed to assist companies in various sectors in developing AI-supported applications. This was reported by Gizmochina on November 3, 2023.

More than 10 specialized industrial AI tools have been unveiled, all built based on the Tongyi Qianwen 2.0 model. These exclusive models, referred to as Alibaba Cloud, harness the potential of generative AI technology, similar to ChatGPT, and are tailored for applications in various fields, including customer support, legal counseling, healthcare services, finance, document management, audio and video management, code development, and character creation.

Zhou Jingren, Chief Technology Officer of Alibaba Cloud, expressed optimism about the positive impact of these models, aimed at improving operational efficiency and competitiveness for their customers. The launch of these tools underscores Alibaba Cloud's strategic focus on AI, aligning with the vision outlined by the newly appointed Group Chief Executive, Eddie Wu Yongming, in internal communications to employees.

Alibaba Cloud Chairman, Joe Tsai, highlighted the company's broad reach, serving approximately 80 percent of technology companies in China and half of the companies using AI LLM in the country. Large language models, including Tongyi Qianwen 2.0, are deep learning algorithms proficient in recognizing, summarizing, translating, predicting, and generating content using vast datasets.

Alibaba Group's most advanced AI technology is supported by Alibaba Cloud AI and Data Intelligence. Leveraging state-of-the-art cloud infrastructure and advanced algorithms, Alibaba's AI solutions aim to redefine long-standing industry boundaries.

In the financial sector, Alibaba enhances operational efficiency, reduces costs, and promotes financial inclusion through tools like Conversational AI and Intelligent Marketing. Meanwhile, in the education sector, tools such as Intelligent Teaching Assistants and Pronunciation Evaluation are used by both educators and students.

In the transportation sector, Alibaba's AI optimizes traffic systems with Electronic Toll Collection and Smart Parking. Additionally, in the retail domain, they use tools like Retail Image Recognition and Precision Marketing techniques.