12-22-2024 
Alibaba
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3 December, 2023
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...
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17 September, 2023
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...
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13 August, 2023
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...
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17 January, 2023
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,...
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28 December, 2021
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...
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31 May, 2020
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...
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