Alibaba All Set To Launch ChatGPT-Like AI Service: Report

Alibaba (BABA) to launch ChatGPT-like tech later this month: Report

Alibaba (BABA) to launch ChatGPT-like tech later this month.

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In February, Alibaba tested an AI dialogue tool similar to ChatGPT with employees.

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Chinese tech companies like Baidu and JD.com have launched AI chatbots.

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SoundHound AI (SOUN) stock gains over 3% in premarket trading.

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C3.ai (AI) and BigBear.ai (BBAI) stocks fall over 1%.

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Alibaba announced plans to split into six units and pursue financing options.

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Alibaba's foray into AI technology showcases the competition among tech companies regarding AI.

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