Ant Group’s Bailing LLM Gets the Green Light from Chinese Government!

According to Reuters, there has been a significant growth in the artificial intelligence (AI) industry, with notable advancements taking place. In a recent update, Chinese tech giant Alibaba revealed that its affiliate company Ant Group has obtained approval from the Chinese government to introduce products utilizing its AI Large Language Model (LLM) known as Bailing. Stay informed about this recent breakthrough in the AI field.

Alibaba has recently been one of the most visible names when it comes to artificial intelligence. The company has recently launched many AI products and is looking to strengthen its product portfolio with the introduction of Ant Group’s Bailing-based applications. For the uninitiated, Chinese companies must apply for regulatory approval before making their products publicly available. As part of this investigation, companies must submit to security assessments.

AI push

In August, Alibaba launched two AI models – Qwen-VL and Qwen-VL-Chat. Both models are open source, so developers around the world can take advantage of them. The Qwen-VL-Chat bot is capable of more complex conversations than its predecessor and can answer numerous questions. It can also create images from image inputs. On the other hand, Qwen-VL can create captions and answer open questions.

In September, the Ant Group presented its new financial major language model (LLM) at the INCLUSION 2023 conference. The company also announced two other AI programs – Zhixiaobao 2.0, an AI financial assistant for consumers, and Zhixiaobao 1.0, an AI business assistant for industry professionals.

In the same month, a company that had opened its AI model named Tongyi Qianwen to the public after receiving regulatory approval for the same. Alibaba also announced that it has signed cooperation agreements with companies such as Oppo, Taobao and DingTalk, which will use Tongyi Qianwen to train their own AI models.

Now, Ant Group’s upcoming products based on Bailing LLM can help the company further push the boundaries of AI and expand its market share in the industry.

One more thing! ReturnByte is now on WhatsApp channels! Click here to join so that you never miss any updates from the world of technology.