Alibaba has unveiled a new artificial intelligence chip, the Yuan 2.0, and a next-generation large language model, marking a significant move into a sector dominated by established tech giants like Nvidia. The company claims its new chip offers three times the power of previous iterations.
This development positions Alibaba to compete more directly in the rapidly expanding AI hardware and software landscape. The chip is intended to support advanced AI applications, including the new language model.
Alibaba.com, the group's B2B e-commerce platform, is already leveraging generative AI to streamline global trade for small and medium-sized enterprises (SMEs). This includes features for sourcing, design, and purchasing, aiming to lower trade barriers. The company launched in 1999 and has since become a major player in global B2B e-commerce.
