The Chairman and CEO of Alibaba Cloud Intelligence Group, Wu Yongming, emphasized that although artificial intelligence has developed rapidly in the past few years, the development of general artificial intelligence (AGI) is still in its early stages.
According to the Futu Securities app, Morgan Stanley released a research report stating that it maintains a 'synchronized with the market' rating for Alibaba-SW (09988). Alibaba's Alibaba Cloud has launched a complete set of TongyiQwen 2.5 upgrade plans, from infrastructure enhancement, to scaling up large language models (LLMs) and widespread applications, to lowering LLM prices to encourage adoption by enterprises.
The report stated that the Chairman and CEO of Alibaba Cloud Intelligence Group, Wu Yongming, emphasized that although artificial intelligence has developed rapidly in recent years, the development of general artificial intelligence (AGI) is still in its early stages. He emphasized that the inference cost of the TongyiQwen application programming interface (API) has decreased by 97% compared to the same period last year, with the goal of further reducing the inference cost. Currently, 50% of additional computing demand is driven by artificial intelligence, and the industry demand has gradually evolved from central processing unit (CPU) driven to graphics processing unit (GPU) driven. Looking ahead, almost all software and hardware will have inference capabilities.