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Alibaba Set to Overhaul Its AI Application in a Bid to Rival ChatGPT, Sparking Over 3% Rise in Stock Price
1 week ago /
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Author：小编
On November 13, Bloomberg reported that Alibaba is gearing up to implement a substantial overhaul of its flagship mobile AI application in the months ahead, aiming to go head-to-head with ChatGPT in the competitive landscape. As of the time of writing, this strategic move has triggered a surge of over 3% in Alibaba's stock price on the Hong Kong Stock Exchange.
Alibaba is set to roll out updates for both the iOS and Android versions of its 'Tongyi' application. As part of this transformation, the app will be rebranded as 'Qianwen.' Additionally, Alibaba plans to gradually incorporate AI agent capabilities into the application, with the goal of enriching the shopping experience for users on platforms such as Taobao.
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