Chinese tech heavyweight Alibaba Group Holding Ltd confirmed on Wednesday it is developing a ChatGPT-style artificial intelligence-powered chatbot, which is currently in internal testing.

ChatGPT, the latest chatbot launched by US-based AI research company OpenAI, has gained wide popularity since its debut in November.

Leveraging machine learning algorithms, ChatGPT is able to mimic humanlike responses with AI-generated content and assist people with tasks such as writing essays and scripts, making business proposals, creating poetry and even checking program bugs, which it does within seconds.