Tag: IPO
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Alibaba’s AI and E-commerce Surge Amid U.S. Market Growth
In a dynamic week for Alibaba Group Holding, the Chinese tech giant has made significant strides across various fronts, from artificial intelligence (AI) to e-commerce and even the political stage. Alibaba’s AI platforms, including Quark AI and Alibaba Cloud, have seen notable advancements, while its shopping app, Taobao, has surged in popularity in the U.S.…
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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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Zhipu AI, Backed by Alibaba, Eyes IPO as First 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), setting a precedent as the first among China’s top six AI unicorns to pursue such a venture. This development comes at a time when Alibaba’s various AI initiatives, including Quark AI and Alibaba Cloud,…