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Alibaba Launches Upgraded AI Tool, Says Its Better Than What Google And ChatGPT Have To Offer - Alibaba Gr Hldgs (NYSE:BABA), Alphabet (NASDAQ:GOOG)
The international arm of Alibaba Group Holding Ltd BABA has unveiled an upgraded version of its artificial intelligence-driven translation tool, which it claims surpasses the offerings of Alphabet Inc.'s GOOGL GOOG subsidiary Google, DeepL, and ChatGPT. What Happened: Alibaba's international division has introduced an improved iteration of its AI translation tool, Marco MT, which it asserts is superior to the translation tools provided by Google, DeepL, and ChatGPT, reported CNBC. "The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well," Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative told CNBC on Tuesday. The tool supports 15 languages and is intended to enhance the performance of merchants using Alibaba's platform. Alibaba's AI translation tool, based on its proprietary model Qwen, is designed to help merchants create product pages in the language of their target market. The new version, powered by large language models, can interpret contextual clues such as cultural and industry-specific terms. See Also: Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site Why It Matters: Alibaba's international business has been a significant growth driver for the company, especially with the slowing growth of its China-focused Taobao and Tmall businesses. The international unit, which includes platforms like AliExpress and Lazada, reported a 32% year-on-year sales growth to $4.03 billion in the quarter ended June. Alibaba's focus on AI and technological advancements has been evident in its recent moves. In September, the company launched a new AI-powered sourcing tool to simplify the sourcing process for American buyers, despite ongoing tensions between Beijing and Washington. Additionally, Alibaba's AI-driven English version of its Taobao app in Singapore quickly soared to the top of the charts, demonstrating the potential of AI in expanding the company's global reach. Alibaba's focus on AI has also extended to open-source AI models, with the company releasing over 100 open-source AI models under the name Qwen 2.5, covering a range of industries from automobiles to gaming and scientific research. Read Next: Trump's Election Odds On Polymarket, Gary Gensler's Doubts About Cryptocurrency's Future, Shiba Inu Lead Developer's Cryptic Post Sparks Intrigue And More: This Week In Crypto Image Via Shutterstock This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote Market News and Data brought to you by Benzinga APIs
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Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
BEIJING -- Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool, touting it as a superior product than Google, DeepL and ChatGPT. That's based on an assessment of Alibaba International's new model, Marco MT, by translation benchmark framework Flores, the Chinese company said. Alibaba's fast-growing international unit released the AI translation product as an update to one unveiled about a year ago, which it says already has 500,000 merchant users. Sellers based in one country can use the translation tool to create product pages in the language of the target market. The new version is based only on large language models, allowing it to draw on contextual clues such as culture or industry-specific terms, Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative, told CNBC in an interview Tuesday. "The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well," he said. Large language models power artificial intelligence applications such as OpenAI's ChatGPT, which can also translate text. The models, trained on massive amounts of data, can generate humanlike responses to user prompts. Alibaba's translation tool is based on its own model called Qwen. The product supports 15 languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Ukrainian.
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Alibaba's international division has launched an upgraded AI-powered translation tool, Marco MT, asserting its superiority over offerings from Google, DeepL, and ChatGPT. The tool aims to boost merchant performance on Alibaba's platform.
Alibaba Group Holding Ltd's international arm has unveiled an upgraded version of its artificial intelligence-driven translation tool, Marco MT, claiming it outperforms offerings from tech giants like Google, DeepL, and ChatGPT 1. This announcement marks a significant step in Alibaba's AI development and its push to enhance its global e-commerce presence.
The new Marco MT supports 15 languages and is designed to help merchants create product pages in the language of their target market 2. Powered by large language models, the tool can interpret contextual clues, including cultural and industry-specific terms. This advanced capability allows for more nuanced and accurate translations, potentially giving Alibaba an edge in the competitive e-commerce landscape.
Marco MT is based on Alibaba's proprietary AI model called Qwen [1]. The latest version relies entirely on large language models, enabling it to draw on a wide range of contextual information for more accurate translations. This approach mirrors the technology behind popular AI applications like ChatGPT, but Alibaba claims its tool is superior in translation tasks.
The launch of this advanced translation tool aligns with Alibaba's focus on its international business, which has been a significant growth driver for the company. In the quarter ended June, Alibaba's international unit, including platforms like AliExpress and Lazada, reported a 32% year-on-year sales growth to $4.03 billion [1].
Alibaba's commitment to AI extends beyond translation tools. The company has been actively developing and releasing open-source AI models under the name Qwen 2.5, covering various industries from automobiles to gaming and scientific research [1]. This broader AI strategy demonstrates Alibaba's ambition to compete on a global scale in the rapidly evolving field of artificial intelligence.
By claiming superiority over established players like Google and emerging AI powerhouses like ChatGPT, Alibaba is positioning itself as a formidable competitor in the global AI and e-commerce markets. This move could potentially reshape the competitive landscape, especially in cross-border e-commerce where accurate translation is crucial for success.
As Alibaba continues to invest in and develop AI technologies, the company aims to strengthen its position in both the AI and e-commerce sectors. The success of tools like Marco MT could play a significant role in Alibaba's global expansion strategy and its ability to attract and retain international merchants on its platforms.
Alibaba Group has announced a significant expansion of its artificial intelligence capabilities, including the release of over 100 new AI models and a text-to-video generation tool. This move positions Alibaba as a major player in the global AI race.
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Alibaba's e-commerce platform Taobao has introduced an AI-powered English version in Singapore, marking its first expansion outside of China. The app quickly rose to the top of download charts, showcasing strong initial reception.
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DeepL, a leading AI translation company, has added Traditional Chinese to its language offerings. This expansion marks a significant step in the company's growth and competition with tech giants like Google Translate.
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DeepL, a leading AI translation company, has launched a new Large Language Model (LLM) specifically designed for business users. The model claims to outperform competitors like Google Translate and ChatGPT in translation tasks.
3 Sources
Unbabel, a Lisbon-based startup, launches Widn.AI, an AI-powered translation service that could make human translators obsolete. CEO Vasco Pedro discusses the implications and seeks new funding for expansion.
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