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Alibabai

Alibaba is the world’s biggest e-commerce group. Founded by Jack Ma, it owns Tmall.com and its consumer-to-consumer business Taobao.com. Alibaba Group is the owner of the South China Morning Post.

 

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As many of the country’s tech founders hand over the reins, it’s worth remembering that once start-ups grow to a certain size they need professional managers to take over.

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A spate of unexplained regulatory moves against tech and education firms has not only put off top global investors like SoftBank, it has led to speculation that China has had a change of heart on opening up, writes Wang Xiangwei.

  • Ubisoft’s flagship online store on Alibaba’s Tmall platform will halt merchandise sales from next Wednesday
  • The Tencent Holdings-backed video game publisher said it will continue to launch merchandise in China in collaboration with licensing partners

US tech giant Apple will host its first live-shopping event on Alibaba’s Tmall marketplace this week, embracing a marketing technique common among Chinese internet platforms.

After raising US$39 million from its Nasdaq IPO in March, Xiao-I is ready to make its way to the world stage, founder and CEO Yuan Hui says.

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The cost of GPT-4, the latest version of the LLM developed by US start-up OpenAI is only 0.45 per cent of hiring a senior data analyst, study finds.

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Big Tech firms from Tencent to ByteDance helped create millions of vloggers, content writers and e-commerce sellers amid a slow pandemic-stricken economy.

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Zhihu will immediately start its internal test of the function called Sousuo Juhe, which uses a large language model that is similar to the artificial intelligence technology behind ChatGPT.

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E-commerce giant Alibaba is expected to provide Tianjin with highly efficient computing resources at a lower cost to support the city’s various hi-tech development initiatives.

Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down 2 per cent in the first quarter.

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The Cyberspace Administration of China said various ethical problems, such as privacy leakage and abuse, can be potentially caused by generative AI, Web3, quantum computing and other recent tech advances.

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The Chinese capital calls on 39 partners to leverage their resources to push forward the development of large language models, as the nation pours resources into AI amid growing technological rivalry with the US.

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Chinese e-commerce giant Alibaba Group Holding reported a 2 per cent increase in revenue for its fourth quarter, while also approving a full spin-off of its cloud, logistics and supermarket businesses.

China’s growing demand for chips used in electric vehicles, servers in data centres and artificial intelligence applications provides a vast opportunity for RISC-V processors to flourish.

The fintech giant is expected to advance Hangzhou’s digital transformation, while also helping the city stage major international events like the 2023 Asian Games.

At its annual Spark conference, Tencent asserted its commitment to create technologically advanced games, which underscores how mainland China’s video gaming market is fast emerging from a downturn.

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Wong visited Ant group and Nio in Shanghai ahead of meeting political leaders in Beijing, on his first trip to China as Singapore’s deputy prime minister.

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Alibaba has transferred its autonomous driving team under DAMO Academy to the firm’s Cainiao logistics arm as part of an ongoing corporate restructuring announced in March.

Investors are keen to tap into opportunities offered by artificial intelligence start-ups in Hong Kong and the Greater Bay Area, as the technology is increasingly adopted by various industries, observers say.

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The Beijing municipal government is soliciting subsidised projects researching artificial intelligence, 3D content, and AR and VR applications.

Wang is widely seen as the man who laid the technological foundations to facilitate Alibaba’s emergence as an e-commerce giant.

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