News
Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo and Alibaba, as it aims to become a regional AI hub.
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Alibaba News
Alibaba Group is a public Chinese company that specializes in the sphere of e-commerce and also owns the business-to-business web portal Alibaba.com. The company was founded in 1999 by Ma Yun — known professionally as Jack Ma — and currently is headquartered in Hangzhou. Alibaba has several platforms, such as Alibaba pictures for film directing, Alibaba Express (officially AliExpress) — an international trading platform — and AliPay — a platform for online payments. As China has banned the use of cryptocurrency in the country, the company supported such policy and made all payments in Bitcoin invalid. Nevertheless, the founder of service believes in the prospects of blockchain technology for the cloud storage and logistics of the corporation.
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The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
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CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia.
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Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’
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Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI in 2024.
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The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.
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The new entity, ZAN, will help the parent company shake off its affiliations with Web3 and proceed to the IPO.
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The Chinese tech and e-commerce giant Alibaba revealed two new open-sourced AI models, Qwen-7B and Qwen-7B-Chat, to rival Meta’s recently-launched Llama 2.
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Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development.
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The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021.
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Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives.
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Tongyi Qianwen, the company’s AI chatbot, will be rolled out in the near future and integrated with Alibaba’s tech ecosystem.
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After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes.
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The crypto exchange says that user funds are safe and that transactions are still being processed.
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Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 pm ET and failed to recover for over 7 hours at the time of reporting.
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