CNBC·2024-10-16 01:54Core Viewpoint - Alibaba is focusing on expanding its international business as growth in its China-focused Taobao and Tmall segments slows down [1] Group 1: Product Launch and Features - Alibaba's international arm has launched an updated AI-powered translation tool, Marco MT, claiming it outperforms competitors like Google, DeepL, and ChatGPT [1] - The new translation tool is based solely on large language models, enabling it to utilize contextual clues such as culture and industry-specific terms [2] - The updated product supports 15 languages, including Arabic, Chinese, English, French, German, and Spanish [2] Group 2: User Base and Business Strategy - The previous version of the translation tool had 500,000 merchant users, indicating strong adoption among sellers [1] - The AI tool aims to enhance the bottom line for merchants, suggesting that the success of merchants directly correlates with the platform's performance [2]