Alibaba's U.S.-listed shares rose 3.2% premarket after the news.

 Alibaba's U.S.-listed shares rose 3.2% premarket after the news.

Shares in a number of other Chinese AI technology companies have soared in the past few days due to investor excitement over Open.Ai's ChatGPT, which can generate articles, essays and jokes in response to prompts and has been rated the fastest-growing consumer app in history.

Shares in Chinese search engine giant Baidu jumped by 15% on Tuesday after it said it planned to complete testing of its "Ernie bot" in March. Google owner Alphabet Inc is also planning its own chatbot service and said it will use more artificial intelligence for its search engine.

Microsoft, which owns Open.AI, plans to tie ChatGPT in with its search engine Bing.

On Wednesday, another Chinese tech group JD.com said it was looking to integrate some methods and technology similar to ChatGPT's into some of its products, such as its e-commerce platform's customer service.

A source familiar with NetEase told Reuters that the Chinese gaming company plans to deploy similar large language models technology to serve its education business.