China enters AI race…

China enters AI race…

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Alibaba is an established Chinese tech giant increasingly focused on high-growth areas. Greg Baker/AFP via Getty Images Alibaba is the latest tech giant to wade into artificial intelligence chatbots by developing a tool like ChatGPT. It joins Microsoft , Google, and Baidu in doing so amid heightened interest in generative AI technology in 2023. Investors in Alibaba (ticker: BABA) may be cheering the Chinese tech giant’s decision to develop a public-facing AI chatbot, with shares in the group jumping 2% in U.S. premarket trading. Alibaba has developed and is currently putting a ChatGPT-style tool through internal testing, the company said...
Source: https://www.marketwatch.com/articles/alibaba-microsoft-google-baidu-ai-chatgpt-51675866207