- Alibaba Group Holding Limited (NYSE:BABA) became the latest company to jump on the ChatGPT bandwagon after Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Baidu, Inc (NASDAQ:BIDU).
- Alibaba collaborated with an undisclosed ChatGPT rival, CNBC reports.
- Alibaba worked on a ChatGPT-style technology and currently tested it internally at the firm.
- The tech companies globally looked to jump on the excitement generated by ChatGPT, an artificial intelligence chatbot created by OpenAI.
- Users can ask ChatGPT questions on various topics, write essays and even generate code.
- Alibaba could integrate its chatbot into its products.
- “As a technology leader, we will continue to invest in turning cutting-edge innovations into value-added applications for our customers as well as their end-users through cloud services,” an Alibaba spokesperson said.
- Price Action: BABA shares traded higher by 0.04% at $105.52 on the last check Wednesday.
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