During the 2024 World Internet Conference in Wuzhen, Alibaba Group CEO Wu Yongming delivered a keynote speech at the Internet Entrepreneurs Forum on November 21, emphasizing the profound impact of artificial intelligence (AI) on the internet industry. He pointed out that the biggest change in the internet sector this year is still the rapid development of AI technology.

Alibaba Tongyi Large Model

Wu Yongming stated that the greatest value of AI is not just creating a couple of super apps on mobile phones, but rather driving productivity transformation across various industries. The development of AI requires the establishment of a prosperous ecosystem of technology, products, and markets.

Currently, over 300,000 companies have connected to Alibaba's Tongyi Large Model, utilizing AI technology to reshape various industries such as code development, drug research and development, and manufacturing. Wu Yongming emphasized that Alibaba adheres to an open-source development philosophy, believing that the industry does not need numerous foundational large models, but rather open-source models tailored to different scales and fields to meet market demands.

Alibaba has now released over 100 open-source models, with a cumulative download count exceeding 40 million. Additionally, the number of derivative models developed based on the "Tongyi Qianwen" model has surpassed 78,000, with more than 8 million active developers. Wu Yongming stressed that the construction of the AI ecosystem must rely on robust infrastructure, and Alibaba's high-intensity investment in AI infrastructure over the past year is beginning to show results, with computing costs continuing to decrease.

He also mentioned that the reduction in inference costs is key to the explosion of AI applications. Over the past year, the API call prices of Alibaba Cloud have dropped by 97%, providing customers with more economical services. Wu Yongming concluded by stating that Alibaba will continue to strive to reduce AI computing costs to promote the high-quality and sustainable development of the AI industry.

Key Points:

🌟 AI technology is the main change in the internet industry this year, driving productivity transformation.

📈 Currently, 300,000 companies are using the Tongyi Large Model, with over 100 open-source models available.

💰 Inference costs have significantly decreased, and Alibaba Cloud is committed to further lowering AI computing costs to promote industry development.