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Alibaba powers up with Tencent and AI

👔 Corporate Collab: Both Alibaba and Tencent, some of the two biggest tech companies in China, have joined together in funding AI startups. They already backed up a company called Zhipu, a generative AI startup that wants to rival OpenAI.

🤖 Alibaba AI: Alibaba is also expanding its own AI model with Tongyi Qianwen 2.0, an upgrade that offers a step up in complex instruction, writings, reasoning, memorization and lessening hallucinations.

💬 Taobao bot: The first version of Tongyi Qianwen was already integrated with Taobao, with the chatbot giving product recommendations and support to users.

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