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AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
CNBC reports:
Chinese e-commerce giant Alibaba told CNBC Wednesday that it is working on a rival to ChatGPT, joining the flurry of tech firms to jump on board the chatbot hype.
A company spokesperson said the company is working on a ChatGPT-style of technology and it is currently being tested internally at the firm.
Alibaba shares jumped 3% in pre-market trade in the U.S.
The move comes as tech companies globally look to jump on the excitement generated by ChatGPT, an artificial intelligence chatbot created by OpenAI. Users can ask ChatGPT questions on a wide variety of topics, write essays and even generate code.
ChatGPT falls into the category of generative AI, a type of artificial intelligence that can be used to create text or images. It is powered by a large language model, meaning it uses large swathes of data to understand and generate conversation.
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