Chinese Firms Working on ChatGPT-style AI Technology - Stock Up
The buzz around Microsoft-backed OpenAI's ChatGPT has spread to China, giving a boost to stocks in artificial intelligence (AI) related firms. Recently, many Chinese tech companies have announced new projects related to AI technology. Following is a list of some of the companies:
IFLYTEK
On May 6, Chinese AI firm iFlytek unveiled a large language model called "SparkDesk". The company carried out a series of updates for the model this year with the aim of exceeding ChatGPT in understanding Chinese and reaching the OpenAI chatbot's level in English.
ALIBABA
E-commerce giant Alibaba Group showed off its AI-powered large language model called Tongyi Qianwen on April 11. The model will be integrated into all its apps in the near future, initially into workplace messaging app DingTalk and voice assistant Tmall Genie.
SENSETIME
SenseTime, an AI firm in China, unveiled a slew of products powered by AI on April 10, including a chatbot and image generator based on its AI model SenseNova. The company did not detail plans for a product roll-out.
HUAWEI TECHNOLOGIES
Telecoms giant Huawei Technologies has the Pangu series of AI models whose applications range from drug development to computer vision.
BAIDU
In March, Baidu Inc unveiled its AI-powered chatbot known as Ernie Bot. It has a good command of the Chinese language but avoids answering some political questions. Baidu plans to use Ernie Bot to revolutionize its search engine as well as beef up efficiency in its cloud, smart cars, and household appliances businesses.
TENCENT
Tencent Holdings has set up a development team for a ChatGPT-like chatbot to be called "HunyuanAide".
FUDAN UNIVERSITY TEAM
A team from China's Fudan University launched a ChatGPT-like chatbot called MOSS in February. However, the team apologized after a surge in traffic caused the platform to crash hours after its launch, saying it was a very immature model that had a long way to go before reaching the level of ChatGPT.
Other Chinese companies working on ChatGPT-style AI technology include JD.com, China Telecom, NetEase, 360 Security Technology Inc, and Kuaishou Technology.
The development of AI technology continues to grow, especially in China, where there is a keen interest in AI-powered products and services. The companies mentioned above are just a few examples of the growing trend towards the development of AI technology.
