Alibaba shuts down quantum computing unit to focus on AI research
Alibaba is closing its quantum computing lab to focus on emerging technologies like generative AI—this move lays off 30 employees and will be absorbed by Zhejiang University.
Latest Alibaba News
Alibaba takes on ChatGPT, Bard with Tongyi Qianwen AI launch
Alibaba's Tongyi Qianwen AI model, with 7 billion parameters, challenges ChatGPT and Bard, aiming to empower enterprises and attract diverse users with its upcoming open-source release.
Alibaba launches AI models to rival Meta’s Llama 2
Alibaba noted that enterprises can leverage the capabilities of the open-source LLMs to “code, model weights” while providing extensive documentation for free.
Jack Ma cedes control of Ant Group following a massive corporate restructuring
Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights, and sustainable development.
Tencent, Huawei, and Alibaba lead 1,300+ Chinese companies in metaverse trademark race
The money is flowing into the metaverse, with the emerging sector receiving over $1.5 billion, most of it in the last quarter of the year, according to reports.
Tencent invests heavily in blockchain, other emerging tech
WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks to bounce back from COVID-19 slowdown.
Alibaba files patent for blockchain insurance and real estate system
Alibaba has continued with its march into blockchain, filing a patent for a transaction system in Brazil that will target insurance, real estate and finance.
TikTok owner teams up with Chinese state media on blockchain venture
ByteDance, the company that owns social media platform TikTok has partnered with a state-sponsored media firm on a blockchain and artificial intelligence venture.
Alibaba denies crypto rewards partnership with Lolli
Lolli had announced the Singles Day partnership with Alibaba, but the retailer says the two companies have never even had direct contact.
Alibaba, 7 others to receive first batch of China’s digital currency
Reports indicate not only which companies will receive the currency first, but many details about the currency as well.
Alibaba wants to put domain name management on the blockchain
Alibaba thinks that the blockchain is the perfect spot for logging domain name registrations and has filed for a patent (in pdf) with the U.S. Patent and Trademark Office.
Alibaba to integrate blockchain with its intellectual property system
Alibaba is adding to China’s intellectual property regime by creating their own blockchain system.