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Alibaba releases Qwen AI models open-source to drive AI and cloud computing growth amid revenue slowdown.
Alibaba's co-founder Joe Tsai announced the open-source release of the company's Qwen AI models, aiming to boost demand for AI applications and cloud computing.
This move follows pressure from competitor DeepSeek and is part of Alibaba's $53 billion investment in AI over three years.
Despite these efforts, Alibaba's Q1 2024 revenue growth was only 7%.
Internally, a former executive criticized the company's decline, leading to a broader discussion on Alibaba's strategic direction and innovation.
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Alibaba lanza los modelos de código abierto Qwen AI para impulsar el crecimiento de la IA y la computación en la nube en medio de la desaceleración de los ingresos.