Alibaba Group and Huawei Technologies Co. on Friday unveiled new products, including an AI picture generator and an AI model improvement as Chinese companies compete for a place in the global AI race.
Tongyi Wanxiang is an image generator that will first be made accessible to enterprise clients in beta form, and it was unveiled by Alibaba Cloud, a subsidiary of Alibaba, at the World Artificial Intelligence Conference in Shanghai.
Since the ChatGPT chatbot by OpenAI sparked a generative AI boom, Chinese IT companies are actively creating AI products. According to McKinsey, generative AI might potentially boost the global economy by $7.3 trillion annually.
The picture generator from Alibaba will compete with American rivals DALL-E from OpenAI and Midjourney Inc.’s Midjourney, both of which have achieved significant international traction.
Alibaba Cloud is the result of a significant reorganization that was announced in March and divided the Chinese tech giant into six businesses. It debuted Tongyi Qianwen, a text generator similar to ChatGPT, in April.
According to Huawei, their AI employs a unique methodology from many other AI applications. It claimed that its Pangu 3.0 model will primarily serve industrial usages rather than concentrate on content creation.
The Shenzhen-based business said that its approach intends to deliver more effective safety checks for freight railway carriages, AI support for local government functions, and more precise weather forecasting.
