At the main forum of the 2024 World Internet Conference in Wuzhen, Alibaba Group CEO Wu Yongming delivered a speech on the company's strategy in the era of artificial intelligence.

Wu Yongming pointed out that Alibaba is committed to doing two things: first, continuously improving the artificial intelligence infrastructure and related support systems; second, adhering to open-source principles and collaborating with ecosystem partners to transform AI capabilities into productivity across various industries.

Alibaba Tongyi Large Model

In the past year, Alibaba has made significant investments in AI infrastructure, leveraging economies of scale and technological advancements to continuously reduce computing costs. For example, the calling price for the Tongyi Qianwen API has dropped by 97% over the year, with the cost of one million tokens falling to as low as fifty cents.

Wu Yongming emphasized that Alibaba is dedicated to open-sourcing its latest and most comprehensive self-developed large models to the entire industry and globally, thus promoting the prosperous development of the AI ecosystem. Currently, the number of derivative models based on the secondary development of Tongyi Qianwen has exceeded 78,000.