Tag: alibaba
Alibaba Restructures AI Organization, Develops Video Model HappyHorse
Alibaba is restructuring its AI organization while developing HappyHorse, a top-ranked video model, as part of a broader push across models, cloud, and applications...
Alibaba, Tencent, Baidu Q4 earnings reveal what AI ambition costs
Alibaba Cloud revenue grew 36% YoY as AI product revenue posted triple digit growth for a 10th straight quarter Tencent spent RMB 18B on AI in 2025 and plans to double that in 2026 Baidu AI powered business now accounts for 43% of core revenue , up from 26% a year ago Alibaba and Baidu
Alibaba Launches Quark AI Glasses
Alibaba’s Quark brand debuts its dual-chip, AI-powered smart glasses integrated with Qwen, with prices starting at just USD $265...
Billionaire Alibaba Invests $53 Billion in AI to Compete with Top Tech Companies
Chinese billionaire Jack Ma’s company, Alibaba, is making a big move into artificial intelligence (AI) by investing $53 billion over the next three years to improve its AI technology, including building big data centres. This plan puts Alibaba in competition with major tech companies like Microsoft...
Alibaba founder Jack Ma returns to China for school visit: Report
The report also said the billionaire businessman, who is a former English teacher, returned to China after a brief stop in Hong Kong, where he met friends and also briefly visited Art Basel...
Alibaba to Split Into 6 Parts, Including Digital Media and Entertainment Group
Chinese billionaire Jack Ma’s technology conglomerate Alibaba Group Holding is splitting into six groups, including an entertainment business, with each of them set to be “independently managed by its own chief executive officer and board of directors,” the company said on Tuesday. Daniel Zhang will serve as CEO and chairman of the holding company, which reminded
Alibaba Sells Stake in Indian Digital Payment Platform Paytm
On February 11, data from the Bombay Stock Exchange showed that Alibaba.com Singapore E-Commerce has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal...
Alibaba denies building headquarters in Singapore
On Friday, Chinese tech giant Alibaba dismissed reports that it was moving its headquarters to Singapore and investing RMB 8.4 billion ($1.2 billion) in the country as “incorrect and misinterpreted.” “Alibaba was founded and developed in Hangzhou, and our global headquarters will always be in Hangzhou,” a spokesperson told Chinese media outlet The Paper...
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