Chinese tech giant Ali baba working on a ChatGPT Rival

Chinese tech giant Ali baba working on a ChatGPT Rival

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Alibaba on Wednesday confirmed it is developing a ChatGPT style AI tool which is currently in internal testing.ChatGPT – which can generate articles, essays, jokes and even poetry in response to prompts – has been rated the fastest-growing consumer app in history.Earlier on January 11, Alibaba DAMO Academy (“DAMO”), the global research initiative by Alibaba Group, has shared its annual forecasting of the leading technology trends that could shape many industries in the years ahead.Among the leading technology trends, Generative AI, which has already gained considerable traction, is expected to make further strides with its growing applications set to transform how digital content is produced. Aided by future technological advancements and cost reductions, Generative AI will become an inclusive technology that can significantly enhance the variety, creativity and efficiency of content creation, according to DAMO.Another important emerging technology is dual-enginedecision intelligence. Supported by both operations optimization and machine learning, the dual-engine decision intelligence system enables the dynamic, comprehensive and real-time resource allocation, such as real-time electricity dispatching, optimization of port throughput, assignment of airport stands and improvements in manufacturing processes. As such, the technology can also help businesses enhance operational efficiency.


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