China’s Alibaba and Huawei add products to AI frenzy

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Chinese tech companies are aggressively developing AI products after the ChatGPT chatbot by OpenAI ignited a generative AI boom

estimates that generative AI could eventually add $7.3 trillion in value to the world economy each year.

Alibaba Cloud emerged from a massive overhaul announced in March that split the Chinese tech major into six units. In April, it launched a ChatGPT-like text generator Tongyi Qianwen.

 

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