Alibaba and Huawei have unveiled their latest AI innovations

 

Alibaba and Huawei have unveiled their latest AI innovations in China: Alibaba introduced an AI image generator called Tongyi Wanxiang, while Huawei showcased the third version of its Panggu AI model at its developer conference.  Following the success of OpenAI's ChatGPT, Chinese tech businesses are actively creating AI products. According to McKinsey, generative AI might boost the global economy by $7.3T annually. The DALL-E and Midjourney models from OpenAI and Midjourney Inc. will face off against Alibaba's picture generator. Alibaba Cloud also released a developer-focused AI tool called ModelScopeGPT. The Pangu 3.0 model from Huawei is geared toward industrial usage, including safety checks, government services, and weather forecasting. In March, Alibaba Cloud recently underwent a significant restructuring and introduced a ChatGPT-esque text generator called Tongyi Qianwen.