Business News Report

Alibaba Launches Tongyi Qianwen, A Novel Player in the AI Arena of China.

In Brief

Alibaba Cloud has launched its new AI chatbot , called Tongyi Qianwen.

The chatbot is currently being rolled out for beta testing, but participation is by invitation only and specifically aimed at corporate clients.

Alibaba has launched The tech giant has officially proposed its AI tool Tongyi Qianwen to rival ChatGPT, a creation of Microsoft-backed OpenAI. The announcement was made via WeChat invitations, inviting corporate users for a chance to participate in the beta phase. This initiative is part of China's broader strategy to cultivate indigenous technologies that can compete against Western giants.

The title Tongyi Qianwen draws some inspiration from the insights of ancient philosopher Mencius, and its interpretation can be understood as 'Truth through a Thousand Questions.' At this moment, the service’s website is exclusively available in Chinese, suggesting it might continue to cater only to a Chinese-speaking audience.

Alibaba Cloud teased the launch on social media with a message that read, '
Hello, my name is Tongyi Qianwen. This is our inaugural introduction, and your feedback is welcomed.' message As reported by Reuters, Alibaba Cloud is set for an official introduction of the service at a forthcoming event in Beijing on Tuesday, where CEO Daniel Zhang of both Alibaba Group and its cloud division will present. Other tech entities such as Baidu Inc. are also working on developing their AI chatbot solutions, whereas Huawei Technologies plans to reveal its own AI model focused on natural language processing, named Pangu, during an upcoming event this Saturday.

The direction of AI in China is significantly driven by the centralized decision-making of the Chinese Communist Party. Recently, initiatives like 'Artificial Intelligence for Science' have emerged from the Ministry of Science and the National Natural Science Foundation of China. This plan aims to propel the application of AI in crucial scientific domains, such as drug discovery, genetic research, and biological selection. It is in line with China's objective of leveraging AI to achieve monumental advancements in science and technology. Tongyi Qianwen Alibaba Cloud is actively working on a solution for NFTs aimed at supporting developers as they build their own marketplaces. Ernie Bot The UK Government Rolls Out a £370 Million Initiative to Position the Nation as a Leading 'AI & Tech Superpower'.

Chia launches NFTs and sets its sights on rivaling Ethereum and Solana. launched a plan The Chinese metaverse sector has secured $780 million in funding, with heavyweights Tencent and NetEase leading the charge. Please remember that the content on this page isn't designed to be legal, tax, investment, financial advice, or any other type of advisory input. It's crucial to invest only what you can afford to lose and to seek out independent financial counsel if you're feeling uncertain. For more insights, we recommend reviewing the terms and conditions, as well as the help resources offered by the issuer or advertiser. At MetaversePost, we strive for precise and fair reporting, yet market situations can evolve quickly and without notice. .

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