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Tech

Alibaba launches maths-specific AI models said to outperform LLMs from OpenAI, Google

“Over the past year, we have dedicated significant efforts to researching and enhancing the reasoning capabilities of large language models,…

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Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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New Business

China’s land purchases shrank 38% in first 7 months of 2024 amid festering property slump

China’s property developers have slowed their land grab as a slowdown in home sales continued in the industry, deterring their…

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Tech

Alibaba Cloud raises prices for domain name auctions amid AI compute price war

Starting from August 1, starting bids for domain names on Alibaba Cloud will be raised to 199 yuan for “.com”…

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Tech

China’s Xiaohongshu carves out a niche in an increasingly crowded e-commerce market

Chinese social media platform Xiaohongshu, the Instagram-style app where young consumers to share lifestyle tips, is seeking to become a…

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New Business

Alibaba puts Olympics on the cloud, adding AI services while taking over for satellite

Alibaba Group Holding’s cloud computing unit is offering an artificial intelligence (AI)-infused platform to support the broadcasting of the 2024…

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Tech

Chinese AI start-up Baichuan raises US$700 million from Alibaba, Tencent, Xiaomi

Baichuan AI, one of China’s four so-called artificial intelligence (AI) tigers, raised about 5 billion yuan (US$687.6 million) in a…

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Tech

Alibaba bets on Taobao, Tmall clothing merchants to compete overseas against Shein, Temu

Eligible merchants on Taobao and Tmall can enroll in Alibaba’s new pan-clothing global free shipping plan, so they can sell…

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Tech

Alibaba.com signs NBA legend Tony Parker as brand ambassador ahead of Paris Olympics

Alibaba.com, a cross-border business-to-business e-commerce platform owned by Alibaba Group Holding, has signed French-American basketball star Tony Parker as its…

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New Business

Alibaba sees AI talent depart to start own business amid China’s unicorn boom

Algorithm engineer Zhou Chang, who worked on the Tongyi Qianwen large language models (LLMs), has decided to leave Alibaba’s cloud…

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