Alibaba News

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported.

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.

The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. 

CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia.

Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’

Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI in 2024.

The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.

The new entity, ZAN, will help the parent company shake off its affiliations with Web3 and proceed to the IPO.

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.

Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development.

The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021.

Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives.

Tongyi Qianwen, the company’s AI chatbot, will be rolled out in the near future and integrated with Alibaba’s tech ecosystem.

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.

The crypto exchange says that user funds are safe and that transactions are still being processed.