AI Allure: ChatGPT rival Tongyi Qianwen

AI Allure – On April 11, the Chinese technology giant Alibaba Group Holding introduced Tongyi Qianwen, an artificial intelligence large language model similar to ChatGPT. The company plans to integrate the model into all of its applications in the near future.

First, Tongyi Qianwen will be incorporated into Alibaba’s DingTalk app, which is a workplace messaging platform. It is possible to use it to compose emails and business proposals, in addition to summarising meeting notes. Additionally, it will be integrated into Alibaba’s voice assistant, known as Tmall Genie.

In a statement, Daniel Zhang, Chairman, and CEO of Alibaba Group as well as CEO of Alibaba Cloud Intelligence, said, “We are at a technological watershed moment driven by generative AI and cloud computing, and businesses across all sectors have started to embrace intelligence transformation to stay ahead of the game.”

STAR Market Daily reported that Alibaba is looking to test out its Tongyi Qianwen artificial intelligence chatbot. According to the article, the company has begun accepting registrations from other companies in order to carry out testing for its AI application. The story did not provide any other details.

In November of 2018, ChatGPT, a large language model (LLM) program that was developed by OpenAI with backing from Microsoft, was made available to the general public. On demand, it is able to write articles and essays in response to questions provided by the user. Others, such as Alphabet Inc.’s Google and Baidu Inc., have promoted their own artificial intelligence models and introduced chatbots that are quite similar to those developed by Microsoft.

In today’s trade on the Hang Seng, Alibaba Group Holdings is trading at a price that is nearly two percent higher.