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AI for “different philosophies”: Alibaba’s Wan goes open source, Anthropic's Claude 3.7 draws attention

Wan2.1 and Claude 3.7 Sonnet have both seen significant releases this week.

Alibaba backs open-source LLMs to give developers "more control"

CEO says the decision to shift focus away from closed models is "doubly advantageous" for the company

Accept devaluation or freeze, Softbank’s Son warns unicorns after $23bn Q2 loss

"Unicorn leaders do not accept they may have to see their valuations fall lower."

Alibaba showcases most advanced Chinese chip yet: a 5nm Arm-based server CPU

China’s Alibaba -- the $109 billion by annual revenue multinational – has revealed a new 5nm Arm-based server chip for use in its data centers in a major step towards more silicon self sufficiency. (While the company has designed the Yitian 710 CPU itself, it does not have 5nm fabbing

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