Loss at Alibaba’s AI division quadruples, Qwen embraced

In the second quarter, Alibaba posted an operating profit that was 57% lower than a year earlier. The cause: heavy AI investments, such as in the Qwen model. The AI labs & applications segment, which includes model development and the consumer app Qwen, saw its loss quadruple in a year to two billion dollars. Revenue, [&hellip The post Loss at Alibaba’s AI division quadruples, Qwen embraced appeared first on TechCentral.ie.