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Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed…
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.
The Chinese tech and e-commerce giant Alibaba revealed two new open-sourced AI models, Qwen-7B and Qwen-7B-Chat, to rival Meta’s recently-launched Llama 2.
The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021.
Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives.
Tongyi Qianwen, the company’s AI chatbot, will be rolled out in the near future and integrated with Alibaba’s tech ecosystem.
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage…
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on…
After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes.
In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed.