Alibaba

Major Chinese internet companies, including Alibaba International, Ele.me, and Trip.com, have taken to Xiaohongshu in a purported attempt to attract overseas users following a surge of TikTok users registering on the platform under the #TikTokRefugee trend. On Jan. 13, Chinese social media platform Xiaohongshu saw a significant influx of US-based TikTok users who…

The official flagship store for the game Black Myth opened on Tmall on Jan. 15, reported Chinese media outlet DSB.cn. Alibaba Group’s IP operations platform Alifish and Tmall’s trendy toys division will provide the store with long-term operational and marketing support. The launch features over 30 products, including figurines, apparel,…

Alibaba Cloud launches AI tool for faster app developmentRead More

On January 8th, Alibaba Cloud officially announced that the Tongyi Lingma AI programmer is fully launched, supporting VS Code and JetBrains IDEs at the same time. It covers both front-end and back-end development, claiming to achieve “full conversation collaboration to complete complex coding tasks from 0 to 1. The official…

The launch of ChatGPT-3.5 in December 2022 triggered a global surge in interest in large-scale AI models, with major Chinese companies such as Baidu, Alibaba, and SenseTime following suit in 2023. By June, a flurry of general-purpose and specialized models had emerged, contributing to China’s rapidly growing AI landscape. By…

Kai-fu Lee’s AI startup achieves $1 billion valuation in eight months Credit: 01.ai 01.AI, one of China’s leading AI unicorn startups, has been rumored to be disbanded, with its pre-training and card teams reportedly sold to Alibaba. In response, 01.AI founder and CEO Kai-Fu Lee addressed the rumors on his…

Header photo source: Alibaba Group. On January 1, Chinese internet giant Alibaba Group announced through the Hong Kong Stock Exchange its plan to sell its entire 78.7% stake in Sun Art Retail Group, the parent company of hypermarket chain RT-Mart, for up to HKD 12.298 billion (USD 1.6 billion). This…

Alibaba Cloud, RayNeo team up to integrate AI models in ARRead More

Skip to content Consumer-grade AR brand RayNeo held a strategic signing ceremony with Alibaba Cloud on January 2nd. Both parties announced an exclusive strategic cooperation in the field of AI glasses, where the Tongyi series large models will provide exclusive customized technical support for RayNeo’s AI glasses. It is reported…

Sun Art operates 466 RT-Mart hypermarkets across China The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion). The buyer of the 73.66 percent…