Chinese tech giant Alibaba today rolled out Tongyi Qianwen, its answer to the popular ChatGPT language model, at its Cloud Summit in Beijing. Daniel Zhang, the company’s CEO, announced that they plan to embed the AI-based model into all of its products in the near future. Starting with the company’s workplace messaging app ‘DingTalk,’ the model will make it easier for users to write emails and summarize meeting notes. Additionally, it will also be available on Abbott’s voice assistant, Tmall Genie.
This is yet another indication of Chinese tech companies’ race to use AI for their products, with competition from Baidu and SenseTime. To assist businesses, Alibaba offers Tongyi Qianwen on its cloud services, similar to Baidu’s platform called Wenxin Qianfan.
In terms of the company it can be said that Alibaba has grown exponentially since its establishment in 1999. It is considered to be one of the most valuable internet companies in the world and holds the second spot in terms of market capitalization. The company has diversified its business into different sectors such as e-commerce, cloud computing, AI and digital media. It has also made major investments in different technology initiatives, such as the Ant Financial Services Group.
Daniel Zhang, the CEO of Alibaba, is an experienced professional who brings with himself 13 years of experience at the company. Starting as the company’s CMO, he was then appointed CEO in 2015. He has successfully led the company during tough times and further established the firm in global markets. He has also worked on improving innovation and healthy management practices at the company, leading to its rapid growth.
