Tag: Alibaba

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TikTok Owner Tests ChatGPT-Inspired AI Chatbot for Local Version Development Race

ByteDance tests its first AI chatbot called Grace, as it attempts to join the AI race with competitors Baidu and Alibaba in developing a local version of ChatGPT. However, in China, the government has tightened restrictions due to concerns about the use of AI for political propaganda and fake news.

15 Top AI Stocks to Invest in for 2023

Discover top AI companies worth investing in & profit from the sector's anticipated growth from $142.4bn in 2022 to around $1.8tn by 2030. With Alphabet, NVIDIA, Microsoft & more at the forefront of AI, read on to see the best options investors need to consider before buying AI stocks.

TikTok Owner Reportedly Developing Grace Chatbot to Compete in AI Chat Race

ByteDance, the owner of TikTok, is reportedly developing its own AI chatbot named Grace based on large language models. This move puts ByteDance in the AI race with competing bots launched by Snapchat, Google, and Microsoft. As AI technologies like ChatGPT don't exist in China, Chinese conglomerates like Baidu and Alibaba are investing heavily in the field with their own chatbots.

Sci-Fi Author Liu Cixin Used ChatGPT to Compose Speech

Renowned science-fiction author Liu Cixin utilized chatbot ChatGPT to write speeches for a conference, citing time constraints. He believes AI can replace certain human activities but not create AI-ruled humans. ChatGPT has gained popularity, with major tech companies incorporating generative AI tools. Liu's thoughts echo those of Nobel laureate novelist Mo Yan, who also used ChatGPT. The future of science-fiction writing may be comparable to traditional Chinese shadow puppetry.

China’s MiniMax Secures $250M Funding for Development of ChatGPT-Like Solution

China's MiniMax nears completion of $250m funding to develop a ChatGPT-like solution, with a valuation of $1.2bn, in response to OpenAI's ChatGPT launch.

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