Metaverse
Alibaba Group subsidiary Ant Group receives Chinese government approval to release AI products to the public – Crypto News
Ant Group has received Chinese government approval to release products powered by its “Bailing” artificial intelligence (AI) large language model to the public, a spokesperson for the Chinese firm said on Monday.
Also read: Alibaba exits India after selling entire stake of 3.4% equity in Paytm: Report
Unlike other countries, China requires companies to submit security assessments and receive clearance before releasing AI products to the public.
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Also read: AI will put an end to ‘work’, Elon Musk tells Rishi Sunak
The financial affiliate of e-commerce giant Alibaba Group in September unveiled a finance-specific AI model and started testing consumer and professional apps for the products.
Also read: Global declarations about AI regulation may need a hubris check
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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
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Updated: 06 Nov 2023, 12:18 PM IST
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