HONG KONG (Reuters) – Alibaba Group Holdings (9988.HK) and Huawei Technologies (Huawei) said on Friday that they will use artificial intelligence (AI) image generators and AI models as Chinese companies vie for global market position. introduced new products such as the upgrade of Global AI competition.
Alibaba Cloud, a subsidiary of Alibaba, unveiled an image generator named Tongyi Wanxiang, initially offered to enterprise customers as a beta version, at the World Artificial Intelligence Conference in Shanghai.
Also on Friday, Huawei demonstrated the third iteration of its Panggu AI model at the beginning of its three-day annual developer conference in Dongguan.
Since OpenAI’s ChatGPT chatbot ignited the generative AI boom, Chinese tech companies have been actively developing AI products. McKinsey estimates that generative AI could ultimately add $7.3 trillion to the global economy each year.
Alibaba’s image generator will compete with OpenAI’s DALL-E and US-based Midjourney Inc’s Midjourney, which has gained a lot of support around the world.
Alibaba Cloud was born after a major overhaul of the Chinese tech giant announced in March, splitting it into six divisions. In April, it released Tongyi Qianwen, a ChatGPT-like text generator.
In addition to Friday’s announcement of the “Tongyi Wanxiang Image Generator” (roughly translated as “truth from tens of thousands of photos”), Alibaba Cloud also unveiled ModelScopeGPT, an AI tool for developers.
Huawei said its AI takes a different approach than many AI applications. The Pangu 3.0 model will primarily serve industrial applications, rather than focusing on content generation, the company said.
The Shenzhen-based company said its model aims to ensure more efficient safety inspections of freight train vehicles, AI support for local government services and more accurate weather forecasts.
Reported by Josh Ye.Editing: Edmund Cramant and Barbara Lewis
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