Alibaba-backed Moonshot AI narrows gap with Baidu’s Ernie Bot as China’s generative AI rivalry heats up The competition among Chinese artificial intelligence (AI) chatbots is heating up, as Moonshot AI, a 12 month old start-up, has overtaken Alibaba Group Holding’s Tongyi Qianwen and is narrowing the gap with domestic leader Baidu’s Ernie Bot, according to … Read more
China’s biggest generative artificial intelligence (AI) developers, including Baidu and Alibaba Group Holding, have rushed to upgrade their chat bots so they can handle super long texts of up to 10 million Chinese characters. The move follows Google, which in February unveiled the latest version of its Gemini large language model (LLM) that achieves a … Read more
Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said. The two investors requested anonymity because they are not authorised to speak to the media. A report by Bloomberg on Tuesday said … Read more
“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager at Alibaba.com North America, said in a statement last week. The Alibaba.com booth features the e-commerce platform’s artificial intelligence-powered Smart Assistant, designed to help users … Read more
