Chinese giant Alibaba released Wan 2.1 and made it open-source: It's a text-to-video AI service similar to OpenAI's Sora.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Chinese e-commerce giant Alibaba has unveiled its AI model for video generation, making it freely accessible and intensifying ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
For industry observers, Alibaba's lack of specificity has left investors feeling uncertain, raising more questions than ...
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