Tag: Singapore
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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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Alibaba Advances AI and Cloud Tech Amid Global Trade Challenges
In a dynamic week for Alibaba Group, the Chinese tech giant unveiled significant strides in artificial intelligence and cloud computing, while also navigating the volatile landscape of international trade relations and market fluctuations. From launching new AI talent programs to expanding its global AI model offerings and facing the impact of U.S. tariffs, Alibaba’s multifaceted…