Tag: Quark AI
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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,…
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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…
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E-commerce Giants Take Distinct Approaches
### Alibaba’s Strategic Pivot to AI: A New Era in Tech and E-commerce In a bold move to redefine its future, Alibaba Group Holding Ltd. is intensifying its focus on artificial intelligence (AI), marking a significant shift in its business strategy. Recent developments showcase Alibaba’s aggressive push into AI, from launching new AI-powered applications to…