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Alibaba’s cloud-computing business is thriving, and it has a new AI chip in the works. The stock is rising.

Alibaba Group Holding Ltd.’s quarterly earnings report showed that the Chinese technology conglomerate’s artificial-intelligence developments are gaining steam. Alibaba missed consensus revenue ...
Reuters

Alibaba accelerates AI push by releasing new open-source models, text-to-video

BEIJING, Sept 19 (Reuters) - Chinese technology company Alibaba (9988.HK), opens new tab released on Thursday new open-source artificial intelligence models and text-to-video AI technology, ...
Variety

Alibaba Writes Down $1.2 Billion on Youku, Loss-Making Streamer, as Group Profits Plunge

Chinese e-commerce and entertainment giant Alibaba has taken a $1.2 billion goodwill impairment charge against its video-streaming operation Youku. The move was disclosed on Wednesday as Alibaba ...
U.S. News & World Report

Alibaba, Baidu Begin Using Own Chips to Train AI Models, the Information Reports

(Reuters) - China's Alibaba and Baidu have started using internally designed chips to train their AI models, partly replacing those made by Nvidia, The Information reported on Thursday, citing four ...
Bloomberg L.P.

Live Q&A: The Future of Chinese Technology and AI With Jack Ma's Return to Alibaba

Jack Ma's recent return to Alibaba's campuses signals a renewed focus on innovation, particularly in critical areas like artificial intelligence and cloud computing. This comes as China's tech giants ...
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Alibaba to raise $3.2 billion via convertible bond to fund cloud growth

(Reuters) - Chinese e-commerce leader Alibaba said on Thursday it plans to raise $3.2 billion through the sale of a zero-coupon convertible bond to fund international expansion and strengthen cloud ...