Alibaba is launching an AI bot to rival ChatGPT, sending its shares up

Alibaba is launching an AI bot to rival ChatGPT, sending its shares up

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Hong Kong
CNN
 — 

Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump on the chatbot bandwagon.

The Chinese behemoth said it was testing an artificial intelligence-powered chatbot internally. It did not share details of when it would launch or what the application would be called.

“Frontier innovations such as large language models and generative AI have been our [focus] areas since the formation of DAMO in 2017,” an Alibaba

(BABA) spokesperson told CNN in a Thursday statement, referring to an acronym for the company’s research arm that focuses on machine intelligence, data computing and robotics.

“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.”

Alibaba’s Hong…

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