Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring

Feb 9, 2023 · chatgpt ·

Chinese e-commerce giant Alibaba has become the latest tech giant to join the race for language model supremacy, with the launch of its ChatGPT platform. The new platform will compete with existing models, such as Microsoft's Cortana, Baidu's Deep Voice, and Google's Cloud Natural Language API.

ChatGPT is designed to be a natural language processing (NLP) engine that can recognize both written and spoken language. It provides an open source framework for developers to build applications around natural language understanding and machine translation. With its focus on providing business intelligence tools and services, it has been touted as a rival to Facebook M and other NLP platforms.

Alibaba says its platform will allow developers to quickly create intelligent applications and services. It promises to offer better performance than existing models and provide "weighted and fine-tuned" results that are tailored to individual users' needs.

The Chinese tech giant is betting that ChatGPT can become a major player in the global AI market. It is said to have already clinched partnerships with several international companies and institutions, including Microsoft, Intel, and the British Broadcasting Corporation.

In addition, the company has also promised to support research into artificial intelligence, offering access to its source code and data sets. This could potentially revolutionize the way in which AI is developed by allowing developers to more easily test their algorithms on real-world problems.

Ultimately, Alibaba hopes that its platform can help them to lead the way in the development of AI and NLP technology. With its capabilities, it stands to challenge the existing players in the space and provide a viable alternative to the current market leaders.