Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Alibaba Group Holding Ltd. has announced that its video and image-generating AI model, Wan 2.1, is now publicly available as an open-source platform.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Global tech giants are eyeing the first-mover advantages in the initial stage of artificial intelligence development, Everbright Securities says.
Structural shift in online drug penetration and China's digital health market growth benefit Alibaba Health (ALBHF). See why ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
Alibaba's QwQ-Max-Preview is designed to replicate human-like thinking, decision-making, and problem-solving. The company ...
19hon MSN
We recently published a list of 12 AI Updates Worth Taking a Look At. In this article, we are going to take a look at where ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
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