Tag: Doubao
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Zhipu AI, Backed by Alibaba, First to File for IPO Among China’s AI Unicorns
In a significant move within China’s burgeoning AI sector, Alibaba-backed Zhipu AI has initiated preparations for an initial public offering (IPO), marking it as the first among China’s top six AI unicorns to take this step. This development comes amidst a flurry of activity from Alibaba Cloud, which is expanding its AI capabilities across various…
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Alibaba Cloud Boosts AI Innovation, Quark AI Tops China
In recent weeks, Alibaba Cloud has made significant strides in the artificial intelligence (AI) sector, unveiling a range of new models and tools aimed at enhancing global digital transformation. Meanwhile, the company’s Quark AI app has surpassed ByteDance’s Doubao, becoming China’s top AI application with nearly 150 million monthly active users. These developments come amidst…