Alibaba’s main AI app debuts strongly in effort to rival ChatGPT

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Alibaba Group Holding Ltd.’s Qwen app drew more than 10 million downloads in the week after its relaunch, boding well for a longer-term effort to build a rival to OpenAI’s ChatGPT.

The Chinese e-commerce leader’s shares climbed more than 5% Monday in Hong Kong after Alibaba disclosed the number in a WeChat blog post. That rapid ramp follows the move this month to rename and freshen up Alibaba’s pre-existing apps on iOS and Android, unifying the services under the Qwen banner.

Qwen’s debut underscores how artificial intelligence apps have set…



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Alibaba’s main AI app debuts strongly in effort to rival ChatGPT


Alibaba Group Holding Ltd.’s Qwen app drew more than 10 million downloads in the week after its relaunch, boding well for a longer-term effort to build a rival to OpenAI’s ChatGPT.

The Chinese e-commerce leader’s shares climbed more than 5% Monday in Hong Kong after Alibaba disclosed the number in a WeChat blog post. That rapid ramp follows the move this month to rename and freshen up Alibaba’s pre-existing apps on iOS and Android, unifying the services under the Qwen banner.

Qwen’s debut underscores how artificial intelligence apps have set…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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