China’s Alibaba, S. Korea’s Naver Launch GPT Rival AI Models
Alibaba’s AI models are built upon the company’s large language model called Tongyi Qianwen.
Aug 27, 2023, 08:23 AM IST
China Fines Jack Ma's Ant Group Whopping $984 Million Amid Tech Crackdown
Founded by billionaire Jack Ma, Ant operates China's ubiquitous mobile payment app Alipay and undertakes consumer lending and insurance products distribution among other businesses. In mid-2020, before its IPO was pulled, it was valued by some investors at more than $300 billion.
Jul 07, 2023, 21:58 PM IST
China's Alibaba Unveils AI Image Generation Tool To Take On Midjourney, Dall-E
Baidu Inc and SenseTime Group Inc also recently unveiled AI image generators, although generative AI services have yet to receive regulatory approval for wide distribution in China.
Jul 07, 2023, 13:52 PM IST
Delhi Man Ordered Product In 2019, Receives It After 4 Years In 2023 -- Twitterati Can't Believe
A man from Delhi told a fascinating incident regarding a product he purchased from the website over four years ago, in the pre-covid era.
Jun 25, 2023, 14:56 PM IST
World's Wealthiest Professor Who Became The Richest Man In China With Net Worth Of Rs 1,96,120 crore, Failed University Entrance Exams 3 Times
Now that Jack Ma's story has so much to say, a book would still not be enough to tell the whole tale. We did our best to provide you with the finest peep, so there!
Jun 23, 2023, 11:54 AM IST
Why Did Chinese Billionaire And Alibaba Founder, Jack Ma, Give A Teaching Lesson At Tokyo College?
Jack Ma is the founder of Chinese behemoth Alibaba which is engaged in several sectors from IT to E-commerce to cloud computing.
Jun 20, 2023, 20:58 PM IST
Alibaba To Make Significant Job Cuts Amid IPO Plans
In March, Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, according to a Nikkei Asia report.
May 24, 2023, 12:02 PM IST
Where is Jack Ma? Reports Say Alibaba's Founder Is Now A Professor
According to the Financial Times, Ma's most recent action is one of the few public commitments he has made outside of China.
May 02, 2023, 16:38 PM IST
Alibaba Exits India; Sells its Entire Stake Holding in Paytm
Paytm`s shares have been rallying in the last few days since it announced operating profitability in its Q3FY23 results with EBITDA before ESOP cost at Rs 31 crore, significantly ahead of its guidance of September 2023.
Feb 10, 2023, 14:28 PM IST
Cheers for Paytm shareholders as Alibaba consolidates India exit after selling stock in BigBasket, Zomato, Paytm
Alibaba seems to be making an exit from India as it has sold shares in other investments such as BigBasket and Zomato, sources said, adding that Ant Financial is not going to sell anytime soon.
Jan 13, 2023, 11:26 AM IST
Alibaba rejigs top brass after major server outage, CEO to look after Cloud arm
In a separate move, Jeff Zhang will focus on his role as head of the Alibaba DAMO Academy and no longer serve as President of Alibaba Cloud Intelligence.
Dec 30, 2022, 09:31 AM IST
Alibaba to sell shares worth $200 mn in Zomato: Report
In August this year, top VC firm Sequoia Capital India had sold 17.2 crore shares of Zomato in two tranches in the open market, lowering down its stake in the online food aggregator to 4.4 per cent from the earlier 6.41 per cent.
Nov 30, 2022, 08:12 AM IST
Where is Jack Ma? Reports say Alibaba founder living in THIS country after crackdown by China
Jack Ma, 58, has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a pawnshop mentality. and calling for bold new players that can extend credit to the collateral poor.
Nov 30, 2022, 07:55 AM IST
Remember Alibaba founder Jack Ma? Know where is Chinese billionaire who 'disappeared' after China's crackdown
Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations and kept a low profile since 2020.
Nov 29, 2022, 20:51 PM IST
Alibaba and Tencent shares fall sharply after latest crackdown
Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday. One day before, China's SAMR published a list of 28 deals that violated anti-monopoly rules. It included five of Alibaba's transactions and 12 of Tencent's.
Jul 11, 2022, 13:51 PM IST
'Ma' arrested in China, but what made investors of Alibaba dump $27 billion?
China's state broadcaster CCTV first reported that police in Hangzhou, Alibaba's home city, had taken "compulsory measures" against an individual with the last name 'Ma'.
May 04, 2022, 17:53 PM IST
Chinese billionaire and Alibaba founder Jack Ma reappears in Hong Kong?
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai.
Oct 13, 2021, 08:04 AM IST
Three hours a week: Play time's over for China's young video gamers
The new rules are part of a major shift by Beijing to strengthen control over its society and key sectors of its economy.
Aug 31, 2021, 10:33 AM IST