State-run China Telecom is looking to compete with Alibaba Group Holding and many others in the race to offer ChatGPT related services by launching its own natural language training model. Hu Zhiqiang, general manager of CTYun, China Telecom’s cloud unit, recently announced plans to test a self-developed large language model at an event. Upon the launch, the operator proposes to slash the cost of its cloud computing service, which is in accordance with Alibaba Cloud’s plans to cut the prices of its core products and services by up to 50% starting from May 7.
China Telecom has risen to become the third-largest player in the cloud services industry with a 10.3% market share in the second half of 2022. Following this, in April this year, Alibaba launched Tongyi Qianwen for corporate clients and embedded the technology into the enterprise collaboration platform DingTalk and Tmall Genie, the company’s smart speaker.
China Telecom is a state-owned telecoms network operator and a key cloud service provider in the Chinese market. With plans to reduce the cost of its service, the operator looks to provide challenging solutions to the likes of Alibaba, Huawei Technologies and Tencent Holding Ltd who hold the major market shares.
Regarding the people mentioned in this article, Hu Zhiqiang is the General Manager of CTYun, China Telecom’s cloud unit. He recently proposed plans to launch their own natural language training model to challenge the likes of Alibaba and many others in the pursuit of ChatGPT services. Additionally, he announced the proposed plans to reduce the cost of CTYun’s cloud computing service.
As for the company mentioned, Alibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, internet, and artificial intelligence. It is best known for its worldwide online marketplace, Alibaba.com and its mobile payment platform, Alipay. At present, the company is focused on launching its ChatGPT-like service called Tongyi Qianwen for corporate clients. Additionally, the company plans to embed the technology into its enterprise collaboration platform DingTalk and Tmall Genie, the company’s smart speaker.
