Alibaba Cloud Lowers Prices for Qwen-VL Model Again
date
Dec 31, 2024
damn
language
en
status
Published
type
News
image
https://www.ai-damn.com/1735686186324-202009271645446054_11.jpg
slug
alibaba-cloud-lowers-prices-for-qwen-vl-model-again-1735686202122
tags
Alibaba Cloud
Qwen-VL
AI Technology
Price Reduction
Digital Transformation
summary
Alibaba Cloud has announced significant price reductions for its Qwen-VL large model series, enabling users to process 600 images for just 1 yuan. This marks the third price cut in 2023, reflecting ongoing advancements in AI technology and infrastructure optimization.
Alibaba Cloud Lowers Prices for Qwen-VL Model Again
After previous price reductions in May and September 2023, Alibaba Cloud has announced yet another significant cut for its large models, marking the third round of price adjustments this year. The Tongyi Qianwen series visual understanding models have experienced an overall decrease of over 80%, with the Qwen-VL-Plus model seeing an 81% drop, now priced at only 0.0015 yuan per thousand tokens. The Qwen-VL-Max, a higher-performance variant, has been reduced by 85% to 0.003 yuan per thousand tokens. According to the new pricing structure, users can process approximately 600 images at 720P or 1700 images at 480P for just 1 yuan.
The Qwen-VL series large models, launched by Alibaba Cloud, are multi-modal models that have gained popularity within the open-source community due to their robust visual reasoning capabilities. These models are not only capable of recognizing images of various resolutions and aspect ratios but can also analyze long videos exceeding 20 minutes. Furthermore, they possess the ability to comprehend tasks executed by intelligent agents such as mobile phones and robots. As a result, Qwen-VL is extensively utilized in various visual recognition scenarios across devices, including smartphones and automobiles.
The Alibaba Cloud Bailian team stated that the recent price reduction is largely attributed to continuous optimization of Alibaba Cloud's infrastructure and model architecture, coupled with economies of scale resulting from the exponential growth in model usage. With ongoing technological advancements and enhancements, Alibaba Cloud has significantly improved its inference efficiency. The elastic AI computing power scheduling system, along with the Bailian distributed inference acceleration engine, has not only reduced model inference costs but also expedited inference times. Alibaba Cloud noted that as the visual understanding capabilities of Qwen-VL continue to advance, this model has become one of the fastest-growing offerings on the Bailian platform.
In a bid to further reduce costs for users leveraging the large model API, Alibaba Cloud Bailian has introduced a new KV Cache billing model. This model significantly lowers invocation costs by automatically caching context to avoid redundant computations, making it particularly suitable for use cases such as long texts, code completion, multi-turn dialogues, and specific text summarization.
As Alibaba Cloud continues to enhance its infrastructure and models, the price reduction of the Qwen-VL series visual understanding models not only makes AI technology more accessible but also opens up more application opportunities for developers and enterprises. By consistently improving performance and reducing usage costs, Alibaba Cloud is driving the widespread adoption and application of AI technology, providing robust technical support for the digital transformation of various industries.
Key Points
- Alibaba Cloud has reduced prices for Qwen-VL models by over 80%.
- Users can now process 600 images for just 1 yuan.
- The price cuts reflect advancements in AI technology and infrastructure optimization.
- A new KV Cache billing model has been introduced to further reduce costs for users.