By JIANG Jingling
China’s three major telecommunication carriers - China Telecom, China Unicom and China Mobile - have all seen their shares flying this week, as the market sniffs the air for anything that smells remotely like ChatGPT.
China Mobile, the world's largest mobile network operator by total subscribers, saw its shares up 6.73 percent on Monday to close at 80.09 yuan (US$11.68). China Unicom saw its shares climb 7.72 percent to 5.3 yuan. China Telecom hit its 10-percent limit up to close at 6 yuan.
China Telecom’s price is up by more than 50 percent in the past month. Though the carrier said this could be a result of the company’s higher dividend payout plan this year, it’s widely known that China Telecom has been quietly training its AI.
China Telecom has abundant data for natural language processing training. The R&D team has reportedly created an AI foundation model that has "achieved periodic progress." The company is working on what it calls an "industrial version of ChatGPT" for the telecommunications field.
The Telecom bot is able to write articles with given themes, generate synonymous sentences and participate in long dialogues.
