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Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning.
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Alibaba shares softened, as the Chinese e-commerce giant posted worse-than-expected revenues in the first quarterly earnings report since splitting into six units.
Company shares were down 1.4% in U.S. premarket trading as of 12:15 p.m. London…
