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...

Alibaba unveils 'Open' competitor to OpenAI’s o1 reasoning model
Alibaba unveils 'Open' competitor to OpenAI’s o1 reasoning model

A new reasoning AI model, QwQ-32B-Preview, has emerged as a competitor to OpenAIs o1, becoming one of the few to rival it. Developed by Alibabas Qwen team, QwQ-32B-Preview features 32.5 billion parameters and can process prompts of up to ~32,000 words. It outperforms OpenAIs o1-preview and o1-mini...

Receiver appointments deepen industry crisis
Receiver appointments deepen industry crisis

There are numerous precedents for appointing receivers in industrial establishments in the country in the aftermath of various events. However, unfortunately, in almost every case, the outcome has been unfavorable. Many once-established industrial groups have turned into moribund enterprises after...