Robert Manner
Alibaba (NYSE:BABA) and Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) have joined a $300M funding spherical for Chinese language synthetic intelligence, or AI, startup Baichuan Clever Know-how, Bloomberg Information reported.
The buyers additionally embody smartphone maker Xiaomi (OTCPK:XIACF) (OTCPK:XIACY), in line with the report.
Baichuan is among the many outstanding startups growing generative AI fashions in China, hoping to compete with giant language fashions, or LLMs, from the likes of Microsoft (MSFT)-backed OpenAI, and others.
In September, the corporate mentioned it would open-source two LLMs known as Baichuan2-7B and Baichuan2-13B, with every mannequin boasting 7 billion parameters and 13 billion parameters, respectively. The scores of the 2 fashions are greater than that of Meta Platforms’ (META) open-source mannequin Llama 2 in each MMLU and CMMLU analysis rankings, China Each day had reported.
Baichuan was among the many first record of Chinese language corporations to win approval from China’s web watchdog for AI companies to be launched for public. The corporate has since launched 4 open-source LLMs and is engaged on two proprietary platforms, in line with the Bloomberg report.
On Tuesday, Chinese language web search large Baidu (BIDU) unveiled its newest generative AI mannequin Ernie 4.0, a possible rival to OpenAI’s GPT-4 mannequin.
Generative AI companies have grow to be the speak of the city because the launch of OpenAI’s ChatGPT final yr. Globally, corporations have launched their very own LLMs which may present companies comparable to content material and picture era, to call a number of.
Alphabet’s (GOOG) (GOOGL) unit Google’s Bard, Alibaba’s (BABA) Tongyi Qianwen and Tongyi Wanxiang, OpenAI’s text-to-image AI instrument DALL·E 3, Meta’s (META) AudioCraft, SeamlessM4T, and Llama 2, and Getty Photos’ (GETY) mannequin known as Generative AI by Getty Photos, are a few of them.