Alibaba is rebranding and enhancing its mobile AI app from 'Tongyi' to 'Qwen' to compete with ChatGPT. Over 100 developers are working on integrating e-commerce features from platforms like Taobao. The initial version will be free to attract users, followed by planned monetization. In its last quarter, Alibaba reported triple-digit growth in AI products and experienced rapid growth in its cloud division, highlighting its focus on expanding AI capabilities and market competitiveness.
Alibaba is rebranding and enhancing its mobile AI app from 'Tongyi' to 'Qwen' to compete with ChatGPT. Over 100 developers are working on integrating e-commerce features from platforms like Taobao. The initial version will be free to attract users, followed by planned monetization. In its last quarter, Alibaba reported triple-digit growth in AI products and experienced rapid growth in its cloud division, highlighting its focus on expanding AI capabilities and market competitiveness.