Alibaba, China's leading e-commerce giant, unveils more than 100 new open-source AI models and introduces a text-to-video generation tool.

• On Thursday, Alibaba made more than 100 open-source AI models available and enhanced its own technology.
• The Hangzhou-based company aims to intensify competition with domestic counterparts like Baidu and Huawei, as well as U.S. giants such as Microsoft and OpenAI.
• Alibaba introduced a new text-to-video tool utilizing its AI models, enabling users to generate videos by providing a prompt, similar to OpenAI's Sora.

On Thursday, the company released over 100 open-source AI models and enhanced its proprietary technology, aiming to intensify competition with its rivals.

Alibaba announced the release of Qwen 2.5 models, which are intended for use in various applications and sectors, including automobiles, gaming, and science research. These models have enhanced capabilities in math and coding, the company stated.

The Hangzhou-based company aims to intensify competition with domestic rivals including and Huawei, as well as U.S. giants such as and OpenAI.

Alibaba claims its AI models can comprehend instructions and produce texts and images based on vast amounts of data.

Alibaba aims to increase the usage of its AI by making the models open-source, allowing anyone to use them to create their own generative AI apps without the need for extensive training.

Last year, the Chinese e-commerce giant introduced its Tongyi Qianwen, or Qwen, model. Since then, it has released enhanced versions and claims that its open source models have been downloaded 40 million times.

Alibaba announced that it upgraded its proprietary flagship model, Qwen-Max, which is not open-source. Instead of making the model available to the public, Alibaba sells its capabilities through its cloud computing products to businesses. Qwen Max 2.5-Max surpassed competitors such as 's Llama and OpenAI's GPT4 in several areas, including reasoning and language comprehension.

Alibaba introduced a new video creation tool utilizing its AI models, which enables users to generate videos by providing a prompt. This is comparable to OpenAI's Sora.

Alibaba Cloud is intensely investing in AI technology research and global infrastructure construction, as stated by Eddie Wu, CEO of Alibaba.

Alibaba's CEO, Wu, has been striving to revitalize the company's growth since assuming the role last year amidst a significant restructuring, as the tech giant confronts challenges such as intensifying competition and a sluggish Chinese consumer market.

While Alibaba is a major player in cloud computing in China, it lags behind companies like Amazon and Microsoft globally. The company aims to attract customers worldwide with its latest AI offerings, hoping to boost its cloud services division, which has been slow but showed signs of growth in the June quarter.