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 …

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 …

Source: TechMeme
Source Link: http://www.techmeme.com/240613/p10#a240613p10