Chinese e-commerce giant Alibaba launched its latest large language model,

 

Chinese e-commerce giant Alibaba launched its latest large language model, incorporating the technology into its new AI digital meeting assistant.  The model will release to the public through Alibaba's Tongyi Tingwu assistant, which can analyze and churn out summaries of audio and video files. The LLM, known as "Tongyi Qianwen," powers Tingwu, which is also being incorporated into Alibaba's popular business messaging app, DingTalk. Alibaba aims to add new features to the chatbot throughout the year, such as real-time English-to-Chinese translation for multimedia content and a Google Chrome plugin, per CNBC. The company is collaborating with corporate cloud customers to develop customized AI products using the LLM. After OpenAI introduced ChatGPT, Baidu, Huawei, SenseTime, and other Chinese tech giants have been introducing their own chatbots and AI systems, raising the stakes in the generative AI rush. Grand View Research expects the global chatbot market to grow from $5B to $42B over the next decade.