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Alibaba Cloud, 01.AI partner on industrial AI lab
Alibaba Cloud, part of Alibaba Group Holding, has partnered with Beijing-based startup 01.AI to create an “industrial large model laboratory.”
This collaboration, announced on Thursday, aims to enhance research and development in AI models by using the strengths of both companies.
The new laboratory will focus on providing large-model solutions designed for business clients.
Recent Alibaba developments
| Timeline |
|---|
02-Jan-2025 💰 Alibaba sells $1.7b Sun Art stake, refocus on ecommerce
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01-Jan-2025 🛒 Alibaba’s Freshippo reports nine months of profit in a row
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01-Jan-2025 💸 Alibaba Cloud cuts the price of AI models by 85%
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27-Dec-2024 🤝 Alibaba, South Korea’s E-Mart form $4b joint ecommerce deal
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26-Dec-2024 🤝 Alibaba, South Korea’s Shinsegae to form joint venture in 2025
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| 26-Dec-2024 🛒 Alibaba said to merge South Korea’s E-Mart in $4b deal |
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