Stock Market News

Alibaba shows off its generative AI tech, to roll out in all apps

2023.04.11 01:15


© Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China, January 5, 2021. REUTERS/Thomas Peter

By Josh Horwitz

SHANGHAI (Reuters) -Alibaba Group Holding Ltd on Tuesday showed off its generative AI model – its version of the tech that powers chatbot sensation ChatGPT – and said it would be integrated into all of the company’s apps in the near future.

Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and advised shoppers on types of makeup to purchase in a filmed demonstration.

Tongyi Qianwen will initially be integrated into DingTalk, Alibaba (NYSE:)’s workplace messaging app and can be used to summarise meeting notes, write emails and draft business proposals. It will also be added to Tmall Genie, Alibaba’s voice assistant. 

The technology “will bring about big changes to the way we produce, the way we work, and the way we live our lives, CEO Daniel Zhang told a livestreamed event.”

AI models like Tongyi Qianwen are “the big picture for making AI more popular in the future,” he added.

The Chinese internet giant’s cloud unit plans to open up Tongyi Qianwen to clients so they can build their own customized large language models and began registrations for Tongyi Qianwen on Friday.

Global interest in generative AI, which learns how to take actions from past data to create new content, has surged since the release of ChatGPT by Microsoft-backed OpenAI late last year.

A number of Chinese companies have revealed or teased AI models and chatbots.    Search giant Baidu Inc (NASDAQ:), announced its Ernie Bot chatbot earlier this year. The bot remains open only to trialusers at the moment.    On Monday, Chinese AI company SenseTime unveiled a slew of new AI products including a chatbot called SenseChat.

Zhang said that Alibaba and other companies working on AI models were at the “starting line” of a new phenomenon.

“Seizing this opportunity is a common wish for all of us,” he said.

Shares in Alibaba rose 1.5% in Hong Kong trade while the broader market was flat. Shares in SenseTime initially surged but were later down 2.7%.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,207.65 0.35%
ethereum
Ethereum (ETH) $ 2,533.30 2.35%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.43 4.99%
bnb
BNB (BNB) $ 652.75 0.25%
solana
Solana (SOL) $ 169.23 4.21%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.220291 5.23%
cardano
Cardano (ADA) $ 0.763211 4.37%
tron
TRON (TRX) $ 0.273548 1.15%
staked-ether
Lido Staked Ether (STETH) $ 2,530.97 2.43%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,106.63 0.50%
sui
Sui (SUI) $ 3.84 2.35%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,037.58 2.64%
chainlink
Chainlink (LINK) $ 16.01 5.52%
avalanche-2
Avalanche (AVAX) $ 23.39 6.94%
stellar
Stellar (XLM) $ 0.293879 3.59%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 6.15%
hyperliquid
Hyperliquid (HYPE) $ 25.62 2.11%
hedera-hashgraph
Hedera (HBAR) $ 0.197936 4.76%
leo-token
LEO Token (LEO) $ 8.82 1.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 393.93 2.57%
the-open-network
Toncoin (TON) $ 3.08 5.21%
litecoin
Litecoin (LTC) $ 99.09 1.90%
polkadot
Polkadot (DOT) $ 4.77 4.51%
usds
USDS (USDS) $ 1.00 0.00%
weth
WETH (WETH) $ 2,528.61 2.55%
pi-network
Pi Network (PI) $ 0.890341 5.26%
monero
Monero (XMR) $ 338.34 0.49%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,702.58 2.41%
bitget-token
Bitget Token (BGB) $ 4.83 1.55%
pepe
Pepe (PEPE) $ 0.000013 5.71%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999016 0.11%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,176.64 0.43%
whitebit
WhiteBIT Coin (WBT) $ 30.21 0.32%
bittensor
Bittensor (TAO) $ 434.02 3.74%
uniswap
Uniswap (UNI) $ 6.22 5.87%
dai
Dai (DAI) $ 1.00 0.02%
near
NEAR Protocol (NEAR) $ 2.90 5.01%
aptos
Aptos (APT) $ 5.33 7.22%
aave
Aave (AAVE) $ 221.61 2.87%
okb
OKB (OKB) $ 53.55 1.02%
ondo-finance
Ondo (ONDO) $ 0.974819 4.37%
kaspa
Kaspa (KAS) $ 0.117387 2.07%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 202.85 4.10%
crypto-com-chain
Cronos (CRO) $ 0.100958 1.20%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 5.37 4.84%
ethereum-classic
Ethereum Classic (ETC) $ 18.79 5.42%