Jack Ma responds to Xi Jinping, commits 75 trillion won to AI investment
According to Chinese economic media sources like Chailianshe on the 24th, Daniel Zhang, chief executive officer (CEO) of Alibaba Group, revealed this plan. This not only exceeds the total amount Alibaba has invested in the sector over the past decade but also marks the largest AI investment among private corporations in China.
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
Social media was abuzz with users praising Mr Ma for his return to the public spotlight. "Congratulations [Jack] Ma for the ...
The stock of tech giant Alibaba — whose shares had been beaten down since Beijing's yearslong Big Tech regulatory crackdown — ...
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Chinese AI marches on as Baidu makes its chatbot free, Alibaba scores Apple dealChinese AI continued to march onto the world stage this week, with Alibaba and Baidu both taking major strides. Let’s start ...
Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, and Xiaomi’s Lei Jun were among the leading tech executives who met with Xi ...
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are ...
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China's President Xi Jinping met top private sector entrepreneurs, including Alibaba's Jack Ma, signaling a policy change ...
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