Tech

Alibaba unveils A.I. model Tongyi Qianwen

Published

2 years ago

April 12, 2023

ticker NEWS

In its early stages, the model will be used to summarise meeting notes, write emails and draft business proposals

Alibaba has unveiled its generative artificial intelligence model, Tongyi Qianwen.

It is the Chinese company’s version of the tech that powers chatbot ChatGPT.

Alibaba said the A.I. model would be integrated into all of the firm’s apps in the near future.

The unveiling of Tongyi Qianwen, which means “truth from a thousand questions”, followed the launch of of new products by the Alibaba-backed A.I. company SenseTime.

Alibaba’s A.I. model drafted invitation letters, planned trip itineraries and gave shopping advice.

CEO Daniel Zhang said the technology “will bring about big changes” to the way people live their lives.

It will initially be integrated into DingTalk, Alibaba’s workplace messaging app.

Here it can be used to summarise meeting notes, write emails and draft business proposals.

It will also be added to Alibaba’s voice assistant.

Government scrutiny of A.I. has grown around the world since the launch of Microsoft-backed ChatGPT last year.

China’s authorities have published draft rules outlining how generative AI services should be managed.

It said content generated had to adhere to so-called “core socialist values”.

It also had to obey laws on data security and personal information protection.

Those who fall foul of the rules could face fines or criminal investigation, it added.

News

Tesla’s robotaxi reveal sparks excitement

Published

2 days ago

October 11, 2024

Ahron Young

Analysts and investors are eagerly awaiting Elon Musk’s big reveal—a fully functional autonomous vehicle that could revolutionise ride-hailing.

Tesla’s stock has soared 52% since Musk first announced the event in April, reflecting high hopes for the launch of its much-anticipated robotaxi.

The vehicle, dubbed the “Cybercab,” is said to be a sleek, two-seater without a steering wheel or pedals—straight out of the future.

Tesla also teased a ride-hailing app that will summon these driverless cars to pick up riders at their chosen locations.

Not convincing

But not everyone is convinced—some analysts warn that while Musk’s vision is bold, the timeline for these innovations may not deliver immediate results.

Musk has a history of overpromising on autonomous tech, and this event might be more about grand ideas than tangible products.

Tesla first floated the robotaxi idea in 2016, with Musk hinting at a future where owners could lease their cars to others for extra income.

If the software keeps pace with Musk’s ambitions, the future of driverless Teslas might be closer than we think.

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

4 days ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending