Alibaba

Bitcoin Magazine Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000 Recently launched new Bitcoin treasury company Twenty One Capital acquires 4,812.2 BTC worth $458.7 million through Tether. This post Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000 first appeared on Bitcoin Magazine…

China records first eversales drop in mid-year 618 shopping festival, but live-commerce shines. Credit: Alibaba China’s major e-commerce platforms, Alibaba, JD.com, and ByteDance’s Douyin, are preparing for the 618 shopping festival, a massive mid-year sales event initiated by JD in 2004. With weak consumer spending in China, the companies are…

This year’s Double 11 shopping festival concluded on Nov. 11. Credit: Alibaba Alibaba Group Chairman Joe Tsai outlined the company’s strategic roadmap for the next three to five years during an internal event on May 10, highlighting e-commerce and “Cloud + AI” as the twin pillars of future growth. He…

Alibaba adds fresh AI startup to its investing portfolio amid increasing bets in the sector. Credit: Alibaba Alibaba CEO Eddie Wu is urging employees to “start over” with a founder’s mindset as the company enters a new era driven by AI. In an internal post on May 9, Wu stressed…

Chinese tech giant Alibaba is doubling down on artificial intelligence to spur the growth of its e-commerce division. Credit: 123RF On April 29, Alibaba unveiled Qwen3, its newest large language model and China’s first hybrid reasoning model that integrates both fast and slow thinking modes to reduce computational costs. The…

Alibaba ecommerce unit recruits AI talent for innovation driveRead More

Alibaba International Digital Commerce Group (AIDC), the overseas-facing e-commerce arm of Alibaba Group, is doubling down on artificial intelligence to accelerate its global expansion. On April 8, the company unveiled “Bravo 102,” a bold new initiative to recruit and cultivate top AI talent worldwide. Under the program, AIDC announced that…

Alibaba is reportedly working on AI-powered smart glasses, with development led by its Tmall Genie team and a launch planned for late 2025, according to Chinese outlet Wellsenn XR. The device will feature a dual-chip setup with Qualcomm’s AR1 and BES2800, aiming for better battery life. Two versions are in…

China has rapidly narrowed the gap with the US in producing cutting-edge artificial intelligence (AI) models, according to research published by Stanford University in California. When measured using major AI evaluating benchmarks, the performance difference of Chinese models compared with their US counterparts shrank from double digits in 2023 to…

Alibaba International has launched a new global AI talent initiative, Bravo 102, as part of its 2026 campus recruitment scheme, aiming to attract top-tier AI professionals. According to the Chinese tech giant’s careers website, 80% of the roles are AI-related, including algorithm engineering, R&D, and product management. Breaking away from…