Qwen, released by Alibaba, is the new model making waves because it technically surpasses the likes of DeepSeek and ChatGPT.
The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba Group Holding's Qwen artificial intelligence (AI) model is powering the world's top 10 open-source large language ...
The former is an e-commerce giant, a leader in cloud computing, a major cross-border e-commerce player, a leading logistics company, and more. The latter owns China's most prominent search advertising ...
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...