Latest news with #OpenLLMLeaderboard
Yahoo
11-02-2025
- Business
- Yahoo
Alibaba Cloud's Growth Accelerates With AI, Analyst Weighs DeepSeek's Rising Competition
Goldman Sachs analyst Ronald Keung maintained a Buy on Alibaba Group Holdings (NYSE:BABA) with a price target of $117. Keung noted Alibaba's Qwen2.5 family continues to gain traction in Huggingface's latest Open LLM Leaderboard. The analyst noted that Alibaba's recent share price outperformance versus the sector (since its Qwen2.5 model launches) has been potentially due to the leading benchmark performances of its latest Qwen2.5-Max. Apple's AI Split: Chooses Alibaba For China And OpenAI For Everyone Else Investor focus is likely on the value of Alibaba Cloud as China's largest cloud hyperscaler, where he valued Alibaba Cloud at 3 times revenue versus Inc (NASDAQ:AMZN) Amazon Web Services at 7 times revenue. The analyst expects a sequentially stronger core domestic eCommerce performance, which the appliance trade-in program will help, a software service fee boost, and continued acceleration in cloud revenue growth. With Alibaba's upcoming December quarter results, Keung forecasted group revenue growth of 7% and Alibaba Cloud revenue growth, which he expects to accelerate to 10% for the December 2024 quarter and 12% for the March 2025 quarter (from 7% in the September 2024 quarter). The analyst expects an acceleration of cloud revenue growth across China cloud service providers (CSPs) in 2025E on increased revenue contribution from the margin-accretive generative AI-driven business. Keung noted the continued progress of open-source models at competitive performance and costs versus closed-source, with the increasing availability of open-source models supported by global cloud service providers. He noted increasingly agile Chinese models and significant improvement in computing cost efficiencies could drive further room for broader adoption, exploration, the proliferation of AI applications, and potential for global expansion for Chinese players, assuming Chinese companies can continue to tap computing power and chips. However, Keung flagged a rise in competition between capital-rich internet giants versus affordable start-ups like Deep Seek in the model layer, given lowering barriers to entry, an ongoing shift from training to more inferencing, and ongoing geopolitical uncertainties. Yet Keung remained positive on long-term AI computing demand growth as further lowering of training and inference costs could drive higher AI adoption. Price Action: BABA stock is up 1.99% at $113.53 at the last check on Tuesday. Also Read:Photo courtesy: Shutterstock Date Firm Action From To Feb 2022 Barclays Maintains Overweight Feb 2022 Stifel Maintains Buy Feb 2022 Citigroup Maintains Buy View More Analyst Ratings for BABA View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? ALIBABA GR HLDGS (BABA): Free Stock Analysis Report This article Alibaba Cloud's Growth Accelerates With AI, Analyst Weighs DeepSeek's Rising Competition originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
South China Morning Post
11-02-2025
- Business
- South China Morning Post
Alibaba's Qwen powers top 10 open-source models as China AI know-how goes beyond DeepSeek
Advertisement The latest Open LLM Leaderboard by Hugging Face showed that all of the top-ranked models were trained and developed on the updated open-source versions of Qwen, part of the Tongyi Qianwen LLM family built by Alibaba's cloud computing services and AI arm. Hangzhou -based Alibaba owns the South China Morning Post. At least seven of the top 10 open-source LLMs were based on the Qwen2.5-72b series from Alibaba Cloud . The top-ranked LLM, calme-3.2-instruct-78b, described itself as 'an advanced iteration of Qwen2.5-72b', which was fine-tuned on custom data sets to enhance its capabilities in generic domains. LLM is the technology underpinning generative AI (GenAI) services like ChatGPT . GenAI refers to the algorithms that can be used to create new content, including audio, code, images, text, simulations and videos. Open source gives public access to a software program's source code, allowing third-party developers to modify or share its design, fix broken links or scale up its capabilities. Open-source technologies have been a huge contributor to China's flourishing tech industry over the past few decades. 01:20 China's Alibaba releases new AI model, said to outperform competitors Deepseek and OpenAI's GPT-4o China's Alibaba releases new AI model, said to outperform competitors Deepseek and OpenAI's GPT-4o Qwen's sway on the development of LLMs in the latest Hugging Face open-source rankings reflects the increasing depth of China's AI capabilities beyond DeepSeek 's recent breakthrough.
