Alibaba Welcomes Its First AI Employee, Tongyi Lingma, Coding Genius
Alibaba Cloud AI has developed the first employee AI, Tongyi Lingma, which could present a huge step in merging artificial intelligence in the workforce. AI001’s unique employee ID is likely to be well-known, and this AI-based interviewer, whose personality resembles the Myers-Briggs Type Indicator, is ready to upgrade the company’s coding and programming devices. Alibaba […]
Alibaba Makes Second Major AI Investment in 2024, Backs MiniMax in a $600M Round
Over the past few years, major tech companies, including Amazon, have been dabbling into the AI space through investment in startups and several strategic partnerships, following Microsoft’s investment in ChatGPT maker OpenAI. Alibaba Invests in Second AI Startup This Year China’s tech giant Alibaba has gone full force with the trend as it makes its […]
Alibaba makes a play in Apple-China beef – How?
Tech magnate Apple recently unveiled the iPhone 15, boasting of its cutting-edge 3-nanometer mobile processors crafted by the Taiwan Semiconductor Manufacturing Co. This release, however, was shrouded in whispers and wary eyes, given China’s veiled admonishments towards the tech giant. Notably absent from this tussle? Alibaba, one of China’s leading tech behemoths. Their conspicuous silence […]
Alibaba’s New CEO, Eddie Wu, Prioritizes “User First” and AI-Driven Strategy
In a resolute shift for Alibaba Group, the newly appointed CEO, Eddie Wu, has unveiled a distinct and robust strategic roadmap, emphasizing two primary pillars: a profound commitment to the “user-centric” approach and a resolute drive toward AI integration. Wu’s ascension to the helm marks a pivotal moment in Alibaba’s storied history as the conglomerate […]
Ant Group’s $6 billion buyback amid regulatory tension
In the tempestuous world of fintech, one storm appears to be brewing over Ant Group, the financial technology colossus pioneered by the ubiquitous Jack Ma. The firm has unveiled a plan to buy back shares valued almost 70% below its IPO estimate in 2020, a move that has raised eyebrows in investor circles. But this […]
Alibaba unveils AI tool for text-to-image conversion
Alibaba’s latest advancement in artificial intelligence demonstrates the firm’s foray into a new realm of technological potential. Alibaba racing to the front of generative AI The Chinese tech titan recently revealed a pioneering tool known as Tongyi Wanxiang, a generative AI product that converts written prompts into images, manifesting visions in styles from sketches to […]
NEAR Foundation and Alibaba Cloud forge powerful partnership to drive Web3 development in Asia
The NEAR Foundation and Alibaba Cloud have formed a strategic relationship to collaborate and speed up the development of dApps and blockchain technology, marking a significant milestone for the Web3 ecosystem in Asia. This partnership is a huge step forward in encouraging creativity, improving scalability, and facilitating widespread use of Web3 solutions in the area. […]
Alibaba’s crypto-friendly transition: Joseph Tsai takes the helm as chairman
One of Alibaba’s co-founders, Joseph Tsai, will take over as Chairman in September 2023, the company announced on June 20. Tsai’s rise provides a new storyline for crypto fans, as he is a vocal promoter of Bitcoin and an avid web3 investor. With Joseph Tsai, an outspoken proponent of Crypto, now at the helm of […]
Chinese e-commerce giant Alibaba enters the AI race with its own version of ChatGPT
Alibaba, the Chinese e-commerce giant, is entering the global artificial intelligence (AI) race with its own version of a chatbot assistant. The company recently announced that it will roll out a product similar to ChatGPT, which it has named Tongyi Qianwen, meaning “seeking an answer by asking a thousand questions.” This new chatbot will be […]
Alibaba’s SCMP spins-off NFT business to form ‘Artifact Labs’
TL;DR Breakdown SCMP publishing firm, set to accelerate development of Dapps that bring history to blockchain via Artifact Labs. Publishing firm expanding to form NFT firm. The South China Morning Post announced today it will spin-off its blockchain-based NFT business to form a new company called ‘Artifact Labs.’ The launch of ‘Artifact Labs’ will accelerate […]
