Alibaba to invest $50 bn in AI, cloud computing
Alibaba to invest $50 bn in AI, cloud computing

Alibaba, the Chinese tech giant, announced on Monday that it plans to invest over $50 billion in artificial intelligence and cloud computing over the next three years, just one week after co-founder Jack Ma was spotted meeting with President Xi Jinping. Investors have piled into Chinese...

Alibaba releases AI model it says surpasses DeepSeek
Alibaba releases AI model it says surpasses DeepSeek

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Maxs release, on the first day of the Lunar New Year when most Chinese people are off work...

Alibaba's AI search engine reaches half million SME users
Alibaba's AI search engine reaches half million SME users

Alibaba International announced that its AI-powered B2B search engine, Accio, has surpassed 500,000 small and medium-sized enterprise (SME) users since its launch in November 2024. On Monday, the company stated that its leveraging natural language processing Accio enhances search capabilities to...