Recently, there has been a trend in the launch of AI tools. Microsoft first introduced the ChatGPT tool, and then Google introduced Bard, a competitor AI to ChatGPT.
In accordance with this trend, Alibaba has announced the creation of its own ChatGPT-style service, making it the latest tech behemoth to get on the chatbot trend.
The Chinese powerhouse stated that it was internally testing an artificial intelligence-powered chatbot. It did not say when it will be available or what the application would be called.
“Frontier innovations such as large language models and generative AI have been the company’s [focus] areas since the formation of DAMO in 2017,” a spokesperson said, referring to the acronym for the company’s research arm that concentrates on machine intelligence, data computing, and robotics.
“As a technological leader, we will continue to invest in transforming cutting-edge breakthroughs into value-added solutions for our clients and end users.”
On Thursday morning, Alibaba’s Hong Kong-listed shares rose 1.4%. Companies all over the world are rushing to create and deploy their own versions of ChatGPT, the tool that allows users to produce essays or pass tests automatically.
The program is based on a big language model that has been trained on massive amounts of data collected online in order to provide persuasive responses to user inquiries. Long have experts warned that these tools have the ability to disseminate incorrect information.
Google (GOOGL) and Baidu (BIDU), the Chinese search engine behemoth, also announced intentions to introduce comparable services this week.
Google’s “Bard” tool will be available to the public in the coming weeks, while Baidu’s bot, dubbed “Wenxin Yiyan” in Chinese or “ERNIE Bot” in English, will debut in March.
Nevertheless, Bard experienced embarrassment this week after responding incorrectly at a public demonstration.
Following the revelation, Alphabet, Google’s parent company, plummeted over 8% on Wednesday.
Microsoft (MSFT) has also entered the fray. On Tuesday, Microsoft revealed a redesign of its Bing search engine, saying it will employ artificial intelligence to answer questions, converse with users, and generate content in response to prompts.
In addition, the firm is spending billions of dollars on OpenAI, the company that developed ChatGPT.
This publication first appeared on CNN
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