Alibaba

Alibaba and BMW Join Forces to Revolutionize AI Technology in Automotive Industry

3 days ago

In a groundbreaking collaboration, Alibaba Group Holdings, a leading Chinese multinational conglomerate focused on e-commerce, technology, and various other sectors, has partnered with Germany's luxury car manufacturer BMW. The alliance aims to develop advanced artificial intelligence (AI) technologies specifically tailored for the automotive market in China, one of the largest auto markets in the world.

Chinese Tech Stocks Dive Over 3% as Correction Approaches

5 days ago

Chinese technology stocks have experienced a significant decline, plummeting more than 3% recently, signaling the possibility of a market correction. This downturn has alarmed investors and analysts alike as the sector, which had been a stronghold in the global market, faces mounting pressures.

Alibaba's Tsai Sounds Alarm on AI Data Center Bubble

5 days ago

Alibaba's Chief Financial Officer, Toby Tsai, has raised concerns over what he perceives as a potential bubble in the artificial intelligence (AI) data center build-out. Speaking at a recent investor conference, Tsai highlighted the rapid expansion of data centers fueled by AI demand and suggested that the prevailing growth trends could be unsustainable.

Alibaba Launches New AI Agent App to Compete in Tech Industry

16 days ago

Alibaba Group has taken a bold step in the rapidly-evolving technology landscape by launching a new AI agent app aimed at enhancing its digital service offerings. This innovative move appears to be part of the company's strategy to stay competitive amidst increasing pressure from both domestic and international rivals.

Alibaba Unveils Groundbreaking Emotional Intelligence AI Model to Compete with ChatGPT

17 days ago

In a significant advancement in artificial intelligence, Alibaba has launched an innovative emotional intelligence model aimed at rivaling the capabilities of popular AI systems such as ChatGPT. This new model, which leverages advanced algorithms and machine learning techniques, is designed to enhance user interaction by recognizing and reacting to emotional cues in conversations, marking a pivotal shift in the landscape of conversational AI.

Alibaba's Stocks Surge Amid Launch of New AI Tool: DeepSeek Contender Unveiled

23 days ago

Alibaba Group Holding Ltd., the Chinese e-commerce powerhouse, has seen a remarkable increase in its stock price, soaring by 7% following the announcement of its latest artificial intelligence innovation, DeepSeek. This substantial rise underscores investors' growing optimism about the company’s advancements in technology as it intensifies its competition with other major players in the AI sector.

Alibaba-Backed Zhipu Secures $140 Million in Funding Amid Surge in AI Competitors

27 days ago

In a significant development for the artificial intelligence sector, Zhipu AI, a company partially backed by tech giant Alibaba, has successfully raised $140 million in its latest funding round. This investment comes at a time when competition amongst AI startups is intensifying, particularly in the wake of advancements made by companies like DeepMind and OpenAI.

China's Tech Sector Faces Turmoil as Trump's Order Heightens Geopolitical Tensions

1 month ago

In a significant turn of events, Chinese technology stocks have plunged, primarily driven by a recent executive order from former President Donald Trump. This directive, which has sparked concerns surrounding increased geopolitical risks, has created a turbulent environment for investors and companies aligned with China’s tech industry.

Xi Jinping's New Strategy: A Collaborative Approach with Tech Giants for Economic Revival

1 month ago

In a significant shift in China's economic strategy, President Xi Jinping is opening doors to major technology CEOs, signaling a potential pivot in the country's approach towards the tech industry. The recent meeting between Xi and influential figures from the tech sector has generated optimism about revitalizing the Chinese economy amidst challenging global conditions.

China's Deepseek Frenzy: The Future of AI Innovation in the Hands of Tech Giants

1 month ago

The tech landscape in China is currently experiencing a seismic shift as investors and developers rush toward the burgeoning field of artificial intelligence (AI). At the heart of this frenzy are two of the country’s giants, Alibaba and Baidu, who are re-evaluating their strategies amidst this evolving environment.