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.
Move covers four models of the Wan2.1 series, the latest version of Alibaba Cloud’s video foundational model Tongyi Wanxiang.
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 ...
Shares of Alibaba Group Holding Ltd. (NYSE: BABA) climbed 4.2% during the pre-market trading session on Wednesday following the launch of its video-generation software today. The stock also climbed on ...
For a long time, Alibaba has been seen as undervalued by famous investors such as David Tepper, Michael Burry and many others ...
Alibaba's QwQ-Max-Preview is designed to replicate human-like thinking, decision-making, and problem-solving. The company ...
23hon 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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