Tag: Tencent
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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.
Alibaba Reveals AI Solution as China Promotes State Control
Alibaba's AI chatbot challenges OpenAI's ChatGPT, offering file analysis and text summaries for starters. Features to be added include real-time translation and a Chrome extension amidst fierce competitive rivalry from Amazon, Tencent, and Microsoft. Meanwhile, China's Baidu has launched its chatbot, Ernie, amid new national legislation mandate that AI products undergo national security threat assessment. Alibaba's new chatbot reflects President Xi's bigger and continued AI investment drive with a goal to protect national security.
China’s AI Self-Reliance Gains Momentum with Baidu’s $145M Fund
China's tech companies, including Baidu, are investing in generative AI to address the US-China tech divide. Baidu has launched a $145m fund for early-stage AI applications, betting on Chinese firms leading the way in commercial AI. Baidu's co-founder and CEO Robin Li is regarded as a pioneer of the tech industry in China.
Alibaba Joins Forces with Tianjin City on Cloud Computing and Other Tech Solutions
Daniel Zhang, CEO of online giant Alibaba, has agreed to deepen tech collaborations with Chinese city Tianjin to improve cloud computing, industrial internet and smart city initiatives. Alibaba will deliver world-leading computing services to the port city, improving efficiency and cutting costs while developing cloud computing, AI and big data projects. With Zhang in charge, Alibaba has grown to become one of the world's biggest tech firms and made waves with its NYSE and HKE listings.
Mo Yan Shocks Audience by Revealing Use of ChatGPT for Speech
Recently, Nobel Prize winner Mo Yan used ChatGPT, an advanced AI-driven technology by Tencent and ByteDance, to write an inspirational speech for Chinese author Yu Hua. In the celebration of Shouhuo magazine's 65th anniversary, Yan's speech went viral on Weibo. ChatGPT offers high-quality content, efficient and accurate AI applications for content creation, natural language processing, dialogue generation and more. With ChatGPT, Mo Yan has revolutionized content creation, leading to even greater potential for the future.