Alibaba Group Holding Limited Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alibaba Group Holding Limited

BABA 180.09

+1.9%

11:43 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Julius Wong who wrote (835)	2/8/2023 9:12:59 AM
From: Glenn Petersen	Read Replies (1) of 882

Chinese tech giant Alibaba working on a ChatGPT rival; shares jump PUBLISHED WED, FEB 8 20238:44 AM EST Arjun Kharpal @ARJUNKHARPAL CNBC.com KEY POINTS -- Chinese e-commerce giant Alibaba told CNBC Wednesday that it is working on a rival to ChatGPT, joining the flurry of tech firms to jump on board the chatbot hype. -- Alibaba joins a flurry of technology firms including Google and Baidu to respond to OpenAI and Microsoft’s ChatGPT AI chatbot. Chinese e-commerce giant Alibaba told CNBC Wednesday that it is working on a rival to ChatGPT, joining the flurry of tech firms to jump on board the chatbot hype. A company spokesperson said the company is working on a ChatGPT-style of technology and it is currently being tested internally at the firm. Alibaba shares jumped 3% in pre-market trade in the U.S. The move comes as tech companies globally look to jump on the excitement generated by ChatGPT, an artificial intelligence chatbot created by OpenAI. Users can ask ChatGPT questions on a wide variety of topics, write essays and even generate code. ChatGPT falls into the category of generative AI, a type of artificial intelligence that can be used to create text or images. Alibaba said it has been working on generative AI since 2017. The company did not give a timeline for when it could launch its ChatGPT rival. ChatGPT has sparked somewhat of an AI arms race among the world’s biggest tech players. Microsoft invested in OpenAI and this week announced an AI-powered Bing search engine and Edge browser, which will be underpinned by ChatGPT technology. Also this week, Google announced its artificial intelligence chatbot technology called Bard, as part of a “code red” plan to respond to the challenge posed by ChatGPT. Chinese search giant Baidu said this week it is testing its own chatbot called “Ernie bot” in English or “Wenxin Yiyan” in Chinese. The announcement sent shares skyrocketing, highlighting investor excitement over the technology. Alibaba, one of China’s biggest cloud computing players and the country’s biggest e-commerce company, hinted that its own chatbot could be integrated into its products. “As a technology leader, we will continue to invest in turning cutting-edge innovations into value-added applications for our customers as well as their end-users through cloud services,” an Alibaba spokesperson told CNBC. Chinese tech giant Alibaba working on a ChatGPT rival; shares jump (cnbc.com)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next