Chinese tech giant Alibaba working on a ChatGPT rival; shares jump
Publishing timestamp: 2023-02-08 09:34:33
Summary
Chinese e-commerce giant Alibaba is working on a rival to OpenAI and Microsoft's ChatGPT AI chatbot, joining a flurry of tech firms jumping on the chatbot hype. Alibaba has been working on generative AI since 2017 and other tech companies such as Google, Baidu, Microsoft, and NetEase are also working on their own chatbot technologies. Shares of Alibaba jumped 3% in pre-market trade in response to the news.
Sentiment: POSITIVE
Tickers: BIDU, BABA, MSFT, GOOG, GOOGL,
Keywords: baidu inc, artificial intelligence, microsoft corp, alibaba group holding ltd, alphabet class a, business news, internet, alphabet class c,