Category

Alibaba

Alibaba transfers AI scientist Steven Hoi to Tongyi Lab, boosting Qwen efforts Alibaba

Alibaba transfers AI scientist Steven Hoi to Tongyi Lab, boosting Qwen efforts

Hoi joined Alibaba in January as chief scientist of its Intelligent Information Platform, which oversees consumer-facing businesses including the group’s chatbot, UC Browser and Quark search engine. Alibaba owns the South China Morning Post. At the time, he was tasked with leading multimodal foundation model research, agent-related studies and applied…
bubmag
September 30, 2025
Ecovacs and Alibaba Cloud Strike Full-Stack AI Deal; Deebot Vacuums Tap Qwen for Voice Control Alibaba

Ecovacs and Alibaba Cloud Strike Full-Stack AI Deal; Deebot Vacuums Tap Qwen for Voice Control

Published: September 29, 2025 Reading Time: 2 min read Ecovacs partners with Alibaba Cloud to bring Qwen AI to Deebot—on-device voice, VLM co-dev, and an agent platform spanning R&D to service. On Sept. 28, 2025, Chinese home-robot maker Ecovacs reached a full-stack AI partnership with Alibaba Cloud that spans compute,…
bubmag
September 29, 2025
Is Yunfeng Financial becoming Jack Ma’s next Ant Group? Alibaba

Is Yunfeng Financial becoming Jack Ma’s next Ant Group?

Yunfeng Financial is stepping up its Web3 initiatives. On September 17, its wholly owned subsidiary issued a real-world asset (RWA) tokenization product backed by fund-of-funds (FOF) units. This was the company’s first independently managed RWA project, supported by its in-house blockchain team. Previously, Yunfeng Financial’s investment in the Pharos public…
bubmag
September 26, 2025
Alibaba Teams up with Nvidia on “Physical AI,” Integrating Full-Stack Tools into Alibaba Cloud’s PAI Platform Alibaba

Alibaba Teams up with Nvidia on “Physical AI,” Integrating Full-Stack Tools into Alibaba Cloud’s PAI Platform

Published: September 24, 2025 Reading Time: 2 min read Alibaba teams with Nvidia on “Physical AI,” wiring Nvidia’s stack into PAI—and pledges a $53B, 3-year AI infra buildout to speed embodied-AI apps. Alibaba announced a wide-ranging Physical AI collaboration with Nvidia at the 2025 Apsara (Yunqi) Conference on September 24…
bubmag
September 24, 2025
Alibaba shares rise over 6% after CEO unveils plans to boost AI spending; new data centers Alibaba

Alibaba shares rise over 6% after CEO unveils plans to boost AI spending; new data centers

Alibaba shares soared in Hong Kong and U.S. premarket trading on Wednesday after the company said it will invest more in artificial intelligence and rolled out new AI products and updates.  The tech giant's Hong Kong-listed shares jumped over 6%, to reach their highest point since 2021. Total gains over…
bubmag
September 24, 2025
Alibaba Pitches Qwen as ‘Android of the AI Era,’ Advances US$52B Infrastructure Plan Alibaba

Alibaba Pitches Qwen as ‘Android of the AI Era,’ Advances US$52B Infrastructure Plan

At the 2025 Apsara Conference in Hangzhou, Alibaba CEO Eddie Wu said the company is executing a three-year RMB 380 billion (US$52 billion) plan to expand AI infrastructure and will commit additional funds beyond that. He highlighted Alibaba Cloud’s strategy of keeping its Qwen model open source, positioning it as…
bubmag
September 24, 2025
Alibaba’s Taobao Instant Commerce, Ele.me to Launch Group-Buying Service Alibaba

Alibaba’s Taobao Instant Commerce, Ele.me to Launch Group-Buying Service

Taobao Instant Commerce, Alibaba’s quick commerce service, and food delivery platform Ele.me will roll out in-store group-buying services starting Sept. 20, piloting in Shanghai, Shenzhen and Jiaxing while initially prioritizing restaurant deals. The service will later expand to major Chinese cities, positioned against Meituan and its Dianping review platform in…
bubmag
September 19, 2025