logo
Not Just DeepSeek - Alibaba Unveils AI Model To Rival OpenAI's Operator

Not Just DeepSeek - Alibaba Unveils AI Model To Rival OpenAI's Operator

Yahoo31-01-2025
On Monday, Chinese e-commerce juggernaut Alibaba Group Holding's (NYSE:BABA) cloud unit released a new family of AI models, Qwen2.5-VL, that can parse files, comprehend videos, count objects in images, and control a PC.
This model is similar to the one powering OpenAI's recently launched Operator. Qwen2.5-VL model claimed to beat OpenAI's GPT-4o, Anthropic's Claude 3.5 Sonnet, and Google's Gemini 2.0 Flash in various video understanding, math, document analysis, and question-answering evaluations, TechCrunch reports.
Don't Miss:
Deloitte's fastest-growing software company partners with Amazon, Walmart & Target –
Built on the trusted network of Fortune 500 companies, this blockchain company partners with Salesforce to uproot lengthy and expensive B2B transactions, and you can invest with just $100.
Qwen2.5-VL claimed it can analyze charts and graphics, extract data from invoice and form scans, and comprehend multiple-hour-long videos.
It can also recognize IPs from films and TV series.
Qwen2.5-VL can interact with software both on PCs and mobile devices. It can launch the Booking.com app for Android and can book a flight from Chongqing to Beijing, TechCrunch cites from Hugging Face tech lead Philipp Schmid's video tweet on X.
In January, Alibaba Cloud launched new AI tools and LLMs at its developer summit. Alibaba's cloud revenue grew 7% to $4.22 billion in second-quarter.
Trending: Nancy Pelosi Invested $5 Million In An AI Company Last Year —
Meanwhile, U.S. tech stocks plunged in premarket trading Monday as Chinese open-source artificial intelligence platform DeepSeek R1 triggered market jitters over sustainability of the AI technology investment in the U.S. tech firms. Nvidia Corp (NASDAQ:NVDA) lost $600 billion in market cap on Monday.
DeepSeek's open-source AI model, developed for under $6 million, reportedly outperformed leading U.S. models like those from OpenAI.
Reportedly, Microsoft Corp (NASDAQ:MSFT) committed $80 billion in AI infrastructure spending for 2025, and Meta Platforms Inc (NASDAQ:META) earmarked $60-65 billion.
For context, the Biden administration had slapped multiple semiconductor technology embargoes on China, restricting the country from accessing sophisticated AI technologies from Nvidia, Taiwan Semiconductor Manufacturing Co (NYSE:TSM) citing national security threats.
Investors can gain exposure to stocks of companies domiciled in China through the iShares China Large-Cap ETF (NYSE:FXI) and the KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB).
Read Next:
This 12,000 RPM Spinning Battery With Over $100 Million In LOIs Could Be The Missing Link For Green Energy — Here's Why Early Investors Are Flocking To Invest Before Funding Closes
'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
Photo by Ascannio via Shutterstock
Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.
Get the latest stock analysis from Benzinga?
This article Not Just DeepSeek - Alibaba Unveils AI Model To Rival OpenAI's Operator originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cummins Launches Industry-First Hydrogen Internal Combustion Engine Turbochargers for On-Highway Applications
Cummins Launches Industry-First Hydrogen Internal Combustion Engine Turbochargers for On-Highway Applications

Associated Press

time31 minutes ago

  • Associated Press

Cummins Launches Industry-First Hydrogen Internal Combustion Engine Turbochargers for On-Highway Applications

Cummins Global power and technology leader Cummins Inc. (NYSE: CMI), is pleased to announce the launch of its new turbocharger designed specifically for hydrogen internal combustion engines (H2 ICE). This advancement in turbocharging technology marks a significant milestone for heavy-duty commercial on-highway applications in Europe. Cummins Components and Software (CCS), part of Cummins' Components business segment, has secured a contract to supply H2 ICE turbochargers to a major European OEM, showcasing its leadership in hydrogen innovation. The H2 ICE turbocharger meets the industry's growing demand for efficient and sustainable solutions, supporting the transition to low-emission transportation. It is specifically designed to power the first hydrogen internal combustion engine for heavy-duty on-highway applications in the European market. Pioneering innovation to support global decarbonization efforts The integration of the H2ICE turbocharger into hydrogen-powered heavy-duty vehicles reinforces Cummins' commitment to delivering sustainable and cost-effective solutions for decarbonizing transportation. H2 ICE engine technology has been classified as zero-emission by the European Union (EU) and represents a promising bridge solution for reducing emissions. H2ICE engine platforms also comply with the upcoming Euro VII emission standards, demonstrating the potential of hydrogen as a viable alternative in the journey toward global decarbonization. Innovation leadership in turbocharging technologies The Cummins H2 ICE variable geometry turbocharger has been meticulously engineered to meet the unique requirements of hydrogen engines. With bespoke aerodynamics and advanced prognostics, the turbocharger optimizes performance under the challenging conditions presented by hydrogen combustion. The product is a cornerstone of Cummins' Destination Zero strategy, which aims to achieve decarbonization by working with partners across industries to develop cutting-edge, sustainable technologies. Key Features of the CCS H2 ICE Turbocharger: Challenges and Successes During the development of the turbocharger, Cummins overcame significant challenges posed by the use of hydrogen as a fuel. These included adapting aerodynamics to address varying lambda requirements, managing the increased water production resulting from hydrogen combustion, and mitigating the metallurgical impacts of hydrogen use. Despite these hurdles, Cummins has successfully delivered a reliable and high-performance turbocharger for hydrogen powered heavy-duty on-highway truck engines. To know more about Cummins' turbocharging technology and innovations, please visit Turbochargers | Cummins Inc. About Cummins Inc. Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems, including battery, fuel cell and electric power technologies and hydrogen production technologies. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 69,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $3.9 billion on sales of $34.1 billion in 2024. See how Cummins is leading your world toward a future of smarter, cleaner power at Media Contact Melinda KoskiExternal Communications Director317.476.3293 Email

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

Associated Press

time31 minutes ago

  • Associated Press

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023 and February 28, 2025, both dates inclusive (the 'Class Period'), of the important August 1, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fortrea securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Fortrea class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Fortrea overestimated the amount of revenue the Pre-Spin Projects were likely to contribute to Fortrea's 2025 earnings; (2) Fortrea overstated the cost savings it would likely achieve by exiting the transition service agreements ('TSAs'); (3) as a result, Fortrea's previously announced EBITDA targets for 2025 were inflated; (4) accordingly, the viability of Fortrea's post-Spin-Off business model, as well as its business and/or financial prospects, were overstated; and (5) as a result, Fortrea's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Fortrea class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]

BITF DEADLINE: ROSEN, A TOP-RANKED INVESTOR RIGHTS FIRM, Encourages Bitfarms Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 8 Deadline in Securities Class Action
BITF DEADLINE: ROSEN, A TOP-RANKED INVESTOR RIGHTS FIRM, Encourages Bitfarms Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 8 Deadline in Securities Class Action

Associated Press

time31 minutes ago

  • Associated Press

BITF DEADLINE: ROSEN, A TOP-RANKED INVESTOR RIGHTS FIRM, Encourages Bitfarms Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 8 Deadline in Securities Class Action

New York, New York--(Newsfile Corp. - July 2, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024, both dates inclusive (the 'Class Period'), of the important July 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Bitfarms securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Bitfarms class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Bitfarms maintained deficient internal controls over financial reporting; (2) as a result, Bitfarms incorrectly categorized proceeds derived from the sale of digital assets as a cash flow from operating activities rather than as a cash flow from investing activities; (3) in addition, Bitfarms overstated the extent to which it had remediated, and/or its ability to remediate, the material weakness in its internal controls over financial reporting related to its classification of the 2021 Warrants; (4) the foregoing errors caused Bitfarms to misstate various items in several of Bitfarms' previously issued financial statements; (5) as a result, these financial statements were inaccurate and would likely need to be restated; and (6) as a result, Bitfarms' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Bitfarms class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653, or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: or on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] To view the source version of this press release, please visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store