Chinese Government Gives Ant Group Permission To Release Artificial Intelligence-Based Products

The Ant Group has received approval from the Chinese government to release a large language-based product of "Bailing" artificial intelligence to the public. This was said by a spokesman for the Chinese company on Monday, November 6.

Unlike other countries, China requires companies to submit security assessments and obtain clarification before releasing AI products to the public.

The financial subsidiary of e-commerce giant Alibaba Group in September revealed a financial-specific AI model and began testing consumer and professional applications for these products.

Previously, Chinese tech giant Baidu introduced the latest version of its generative artificial intelligence model, Ernie 4.0. Baidu CEO Robin Li introduced Ernie 4.0 at an event in Beijing, focusing on what he described as the memory capability of this model. Li shows Ernie 4.0 writing a real-time martial arts novel and also creating posters and ad videos.

However, analysts are less impressed with the launch of Ernie 4.0. According to Lu Yanxia, an analyst from industry consulting firm IDC, the launch of Ernie 4.0 did not show any significant changes compared to the previous version.

"We will see a significant increase when Ernie 4.0 is used directly, but the concrete increase is not seen immediately," Lu was quoted as saying by Reuters.