Alibaba launches ChatGTP competitor

Chinese retail giant Alibaba is launching a chatbot called Tongyi Qianwen, which speaks Chinese and English. This is reported by CNBC.

It is noted that the technology giant will introduce a chatbot based on artificial intelligence in all Alibaba products "in the near future."

"The new artificial intelligence model will be integrated into various Alibaba enterprises to improve user interaction in the near future. The company's customers and developers will be able to use the model to create customizable artificial intelligence functions in an economical way,” the report says.

Alibaba reports that other features, such as image recognition, will soon be added to the chatbot.

At the time of publication of this news, the value of Alibaba shares on the NYSE trading platform fell by 0.03% to $ 101.51. The price of retail shares on the Hong Kong Stock Exchange rose by 1.07% to HK$ 98.8.