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On Wed, 16 Oct, 8:05 AM UTC
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Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
BEIJING -- Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool, touting it as a superior product than Google, DeepL and ChatGPT. That's based on an assessment of Alibaba International's new model, Marco MT, by translation benchmark framework Flores, the Chinese company said. Alibaba's fast-growing international unit released the AI translation product as an update to one unveiled about a year ago, which it says already has 500,000 merchant users. Sellers based in one country can use the translation tool to create product pages in the language of the target market. The new version is based only on large language models, allowing it to draw on contextual clues such as culture or industry-specific terms, Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative, told CNBC in an interview Tuesday. "The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well," he said. Large language models power artificial intelligence applications such as OpenAI's ChatGPT, which can also translate text. The models, trained on massive amounts of data, can generate humanlike responses to user prompts. Alibaba's translation tool is based on its own model called Qwen. The product supports 15 languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Ukrainian.
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Alibaba Launches Upgraded AI Tool, Says Its Better Than What Google And ChatGPT Have To Offer - Alibaba Gr Hldgs (NYSE:BABA), Alphabet (NASDAQ:GOOG)
The international arm of Alibaba Group Holding Ltd BABA has unveiled an upgraded version of its artificial intelligence-driven translation tool, which it claims surpasses the offerings of Alphabet Inc.'s GOOGL GOOG subsidiary Google, DeepL, and ChatGPT. What Happened: Alibaba's international division has introduced an improved iteration of its AI translation tool, Marco MT, which it asserts is superior to the translation tools provided by Google, DeepL, and ChatGPT, reported CNBC. "The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well," Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative told CNBC on Tuesday. The tool supports 15 languages and is intended to enhance the performance of merchants using Alibaba's platform. Alibaba's AI translation tool, based on its proprietary model Qwen, is designed to help merchants create product pages in the language of their target market. The new version, powered by large language models, can interpret contextual clues such as cultural and industry-specific terms. See Also: Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site Why It Matters: Alibaba's international business has been a significant growth driver for the company, especially with the slowing growth of its China-focused Taobao and Tmall businesses. The international unit, which includes platforms like AliExpress and Lazada, reported a 32% year-on-year sales growth to $4.03 billion in the quarter ended June. Alibaba's focus on AI and technological advancements has been evident in its recent moves. In September, the company launched a new AI-powered sourcing tool to simplify the sourcing process for American buyers, despite ongoing tensions between Beijing and Washington. Additionally, Alibaba's AI-driven English version of its Taobao app in Singapore quickly soared to the top of the charts, demonstrating the potential of AI in expanding the company's global reach. Alibaba's focus on AI has also extended to open-source AI models, with the company releasing over 100 open-source AI models under the name Qwen 2.5, covering a range of industries from automobiles to gaming and scientific research. Read Next: Trump's Election Odds On Polymarket, Gary Gensler's Doubts About Cryptocurrency's Future, Shiba Inu Lead Developer's Cryptic Post Sparks Intrigue And More: This Week In Crypto Image Via Shutterstock This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote Market News and Data brought to you by Benzinga APIs
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Alibaba's international division has launched an upgraded AI-powered translation tool, Marco MT, asserting its superiority over competitors like Google, DeepL, and ChatGPT. The tool aims to boost merchant performance on Alibaba's platform by leveraging large language models for contextual translation.
Alibaba's international arm has unveiled an upgraded version of its artificial intelligence-powered translation tool, Marco MT, claiming it outperforms offerings from tech giants like Google, DeepL, and OpenAI's ChatGPT [1]. This bold assertion is based on an assessment by the translation benchmark framework Flores, according to the Chinese e-commerce giant [1].
The new iteration of Marco MT is built entirely on large language models, enabling it to interpret contextual clues such as cultural nuances and industry-specific terminology [1]. This advancement allows for more accurate and nuanced translations across various domains. The tool supports 15 languages, including Arabic, Chinese, English, French, German, Japanese, and Russian, among others [1].
Kaifu Zhang, Vice President of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative, emphasized the tool's potential impact: "The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well" [1][2].
Marco MT is designed to assist merchants on Alibaba's platform in creating product pages in the language of their target market [2]. This functionality is crucial for the company's international expansion efforts, particularly as its China-focused businesses face slowing growth. The international unit, which includes platforms like AliExpress and Lazada, reported a significant 32% year-on-year sales growth to $4.03 billion in the quarter ended June [2].
The translation tool is based on Alibaba's proprietary AI model called Qwen [1]. This development is part of Alibaba's broader AI strategy, which includes the recent release of over 100 open-source AI models under the Qwen 2.5 umbrella, covering industries from automobiles to gaming and scientific research [2].
By positioning its AI translation tool as superior to established players like Google and emerging AI powerhouses like ChatGPT, Alibaba is making a strong statement about its technological capabilities and ambitions in the AI space. This move comes amid ongoing tensions between Beijing and Washington, highlighting the competitive landscape in global AI development [2].
The launch of this advanced AI translation tool not only showcases Alibaba's growing prowess in AI technology but also signals the company's commitment to leveraging AI for practical business applications. As e-commerce continues to globalize, tools like Marco MT could play a crucial role in breaking down language barriers and facilitating international trade on digital platforms.
Alibaba Group Holding Ltd is implementing generative AI tools to assist foreign merchants in expanding their reach on its e-commerce platforms. This move aims to enhance the company's global business and compete with rivals in the AI space.
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Alibaba Cloud announces significant price cuts on its AI large language models, intensifying competition in China's AI market and focusing on enterprise solutions.
5 Sources
AI translation company DeepL, a rival to Google Translate, has added traditional Chinese to its language portfolio. This move marks a significant expansion for the German-based firm, which is backed by notable investors including Mark Zuckerberg's family office.
2 Sources
