Business

Alibaba Launches Tongyi Qianwen AI To Compete With ChatGPT And Bard

Published

7 months ago

September 18, 2023

Alibaba Launches Tongyi Qianwen AI To Compete With ChatGPT And Bard

(CTN News) – It has been confirmed by Chinese tech giant Alibaba (NASDAQ: BABA) that it will release a model of artificial intelligence (AI) dubbed Tongyi Qianwen for public use, with an open-source version already in development.

With Alibaba’s large language model (LLM), enterprises will be able to develop their own artificial intelligence products based on it.

As a result, a number of companies, including OPPO, DingTalk, and Taobao, have already confirmed their intention to develop their AI solutions using Tongyi Qianwen’s technology.

Alibaba has announced plans for Tongyi Qianwen, a machine learning system with 7 billion parameters, designed to compete with OpenAI’s ChatGPT and Google’s (NASDAQ: GOOGL) Bard.

Taking advantage of extensive Mandarin training data as well as a host of in-depth functionalities, Alibaba believes that its AI model will be able to capture a significant share of the market.

Alibaba announced at that time that it was planning to integrate the AI model across all its business verticals after testing its feet with Meta’s (NASDAQ: META) Llama2 in a solution for enterprise users.

Alibaba has announced that it will release a free,

Open-source version of its AI model in the near future. A number of experts have predicted that the free, open-source release will attract a number of users, including AI researchers as well as casual users, despite its apparent late entry into the market.

Local tech firms have flooded the space with their AI offerings since the Chinese government introduced interim measures to regulate artificial intelligence (AI) in China. Over 70 artificial intelligence products have now been launched commercially in the last month alone, with Baidu’s Ernie chatbot (NASDAQ: BAIDF) quickly becoming one of the most popular in the industry.

Given its array of functionalities, Alibaba’s leadership expressed optimism that Tongyi Qianwen will be able to catch up with industry leaders in the near future.

There are unconfirmed reports that the company may release a light version of its AI in order to cater to the needs of a broader array of users in the near future.

As a result of Eddie Wu’s appointment as the new CEO of Alibaba, the company has been transformed internally and externally.

Wu confirmed in a letter to shareholders that the company’s approach will be centered around the user, as well as AI-driven, hinting at even more significant investments in machine learning solutions in the future.

There will be a significant change agent over the next decade, and it will be AI disruptions across all sectors that will create to a great extent the most significant disruptions,” said Eddie Wu. We will be displaced by AI if we fail to keep up with the changes of the AI era.