[Morgan Stanley: Alibaba maintains "in line with the market" rating, and the inference cost of its Alibaba Cloud large language model has dropped significantly] Jinshi Data reported on September 23 that Morgan Stanley released a research report saying that it maintains a "in line with the market" rating for Alibaba (09988.HK). Alibaba's Alibaba Cloud launched a full set of Tongyi Qianwen 2.5 upgrade solutions, from infrastructure enhancement, expanding the scale and wide application of large language models (LLM), to lowering the price of LLM to encourage corporate adoption. The report stated that Wu Yongming, chairman and CEO of Alibaba Cloud Intelligence Group, emphasized that despite the rapid development of artificial intelligence in the past few years, the development of general artificial intelligence (AGI) is still in its early stages. He emphasized that the application programming interface (API) inference cost of Tongyi Qianwen has dropped 97% from the same period last year, and the goal is to further reduce the inference cost. Currently, 50% of the additional computing demand is driven by artificial intelligence, and industry demand has gradually evolved from central processing unit (CPU) driven to graphics processing unit (GPU) driven. Looking to the future, almost all software and hardware will have inference capabilities. (Reprinted from: Jinshi Data)