Alibaba launches open-sourced A.I. model in challenge to Meta
Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Alibaba said Thursday it is opening up its…
Alibaba rolls out ChatGPT-style tech as China A.I. race heats up
Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty Images Alibaba…
Tech’s new business model: ‘Do more with less’
Sundar Pichai, CEO of Alphabet, speaks during an event in New Delhi, December 19, 2022. Sajjad Hussain | AFP | Getty Images It’s been a week since earnings season for…
Sapeon, rival to Nvidia, seeks $400 million valuation; plans new AI chip
Sapeon was spun off from South Korea’s SK Telecom in 2022 and is raising outside investment. The company is looking to take on Nvidia in the area of artifical intelligence…
Tencent bets on cloud computing growth abroad amid gaming slowdown
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent said it…
Dropbox helped end thumb drive era, but the cloud is getting crowded
Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images…
Alibaba pledges $1 billion to cloud computing customers to reignite growth
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick…
Twilio announces 11% of employees will lose jobs in ‘Anti-Racist’ layoffs
Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and…
First quarterly earnings decline forecast
People stroll previous a Tencent signal on the corporate headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters Tencent may just put up its first year-on-year…
Alibaba (BABA) profits fiscal Q1 June quarter
Alibaba reported fiscal first-quarter profits on Thursday that beat expectancies, sending its inventory upper. The Chinese e-commerce massive’s U.S.-listed stocks jumped up to 6% and closed the consultation 1.8% upper.…