Alibaba launches new open-source AI model for 'cost-effective AI agents'
1. Alibaba Cloud launched its new AI model, Qwen2.5-Omni-7B. 2. The model supports multimodal inputs like text, images, and audio. 3. Alibaba plans to invest $53 billion in AI and cloud infrastructure. 4. The company partnered with Apple for AI integration in iPhones. 5. Open-sourcing models aligns Alibaba with China's growing AI movement.