Alibaba Says Generative AI Tools Drive Increase in eCommerce Orders
Alibaba Group, a Chinese business giant, is currently using generative artificial intelligence technology to step up its efforts to scale operations globally.
Alibaba
Alibaba Reports Quarterly Earnings
The Chinese company Alibaba on Tuesday, May 14, released data on the financial results of its activities in the fourth fiscal quarter.
Chinese E-Commerce Giants Face Unstable Balance Between Discounts and Profit
Alibaba’s quarterly reports will be published this week and JD.com, Chinese e-commerce giants whose performance is a kind of indicator of the condition of the world’s second-largest economy, especially in the context of reflecting the sentiment prevailing in the local consumer environment.
Alibaba Launches New Version of Its Large Language Model
Last Thursday, May 9, China’s Alibaba Cloud announced the launch of a new version of its large language model.
Lenovo and Alibaba Cooperate to Build AI Computers
Lenovo Group, one of the world’s largest manufacturers of personal computers, has partnered with Alibaba Group Holding, a giant in the sphere of Internet business, to create a series of products based on artificial intelligence.
Alibaba Reportedly Plans to Invest $1.1 Billion in South Korea
The media reports that Alibaba Group intends to invest $1.1 billion in South Korea.
Alibaba Seeks Middle East Partners
Chinese e-commerce giant Alibaba Group Holding Ltd. is currently seeking to establish partnerships with companies from the United Arab Emirates and Saudi Arabia.
Alibaba Promotes Millennials to E-Commerce Leadership Roles
Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.
Alibaba Loses $20 Billion in Market Value
Chinese e-commerce giant Alibaba has lost $20 billion in market capitalization after it became known that this company will no longer spin-off and list its cloud computing business as a separate functional unit.
Alibaba Group to Embrace AI
The new CEO of Alibaba Group, Eddie Wu, said that this alliance of companies will actively introduce artificial intelligence technologies into the structure of their activities and promote young people to senior management positions.
Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises
The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.
Alibaba Cloud Launches New AI Models
Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.
Standard Chartered Partners Ant Group to Promote Sustainability Goals
Standard Chartered and Ant Group agreed to enhance their partnership in driving green and inclusive finance, global fund management and sustainable development
Alibaba to Bring Tmall eCommerce Site to Europe
Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.
Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure
With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022
Alibaba Vows Historic Investment in Taobao App
The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.
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