Thursday, June 13, 2024

Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023 (Xinyi Luo/Bloomberg)

Xinyi Luo / Bloomberg:
Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023  —  Founded by Jack Ma, Ant has been developing technology including its large language model BaiLing, which won approval …



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...