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Keywords: Alibaba
Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......
Former Google CEO Eric Schmidt has issued a stark warning that Chinese open-source artificial intelligence (AI) models could become the global standard, not due to superior quality, but because they are freely available. Chinese AI gains traction Speaking on the Moonshots podcast, Schmidt expressed......
Alibaba, China's leading e-commerce company, has unveiled plans to invest over 380 billion yuan (approximately $53 billion USD) in its cloud computing and artificial intelligence infrastructure over the next three years. The investment represents the company's largest commitment to technological......