China’s open-source AI models gain traction in Silicon Valley adoption
China's AI model is predominantly gaining attraction in Silicon Valley and becoming fundamental to the operations of American companies and earning the appreciation of a growing list of tech...
https://www.thenews.com.pk/latest/1357602-chinas-open-source-ai-models-gain-traction-in-silicon-valley-adoptionFormer Google CEO warns cheaper Chinese AI models could dominate global market
Eric Schmidt says most governments may adopt Chinese AI models for cost, not quality - Anadolu Ajansı
https://www.aa.com.tr/en/artificial-intelligence/former-google-ceo-warns-cheaper-chinese-ai-models-could-dominate-global-market/3741763China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more - ABC News
China's largest online sales festival, dubbed Singles' Day, is getting longer as retailers try to entice frugal shoppers to spend more
https://abcnews.go.com/Business/wireStory/chinas-singles-day-shopping-festival-gauge-beijings-effort-127401013China becomes world’s largest AI patent holder, accounting for 60% of global total
China has become the world’s largest holder of artificial intelligence (AI) patents, accounting for 60 percent of the global total. Its 6G patent applications account for approximately 40.3 percent globally, ranking No.1 worldwide, according to a report released by the Chinese Academy of Cyberspace ..
https://www.azernews.az/region/249984.htmlChinese delivery giant Meituan eyes US$3 billion from bond issue amid intense competition
Meituan expects to raise US$3 billion from a dual-currency bond offering, as the Chinese on-demand delivery giant looks to bolster its war chest to stave off the challenge from rivals led by Alibaba Group Holding and JD.com. The Beijing-based company will offer US$1.99 billion in greenback-denominat..
https://finance.yahoo.com/news/chinese-delivery-giant-meituan-eyes-093000077.htmlDE, RKLB, NTRA, QSI: Cathie Wood Loads Up on Deere and ATAI, Trims Stakes in Rocket Lab and Biotech Stocks - TipRanks.com
Cathie Wood, the founder and CEO of ARK Invest, is one of the most followed investors on Wall Street. She manages a range of ETFs (exchange-traded funds) focused on...
https://www.tipranks.com/news/de-rklb-ntra-qsi-cathie-wood-loads-up-on-deere-and-atai-trims-stakes-in-rocket-lab-and-biotech-stocksAlibaba has taken a hands-on approach, with Qwen leading the establishment of an AI robotics team.
LinJunye, the technical lead of Qwen, revealed that Alibaba has established a 'Robotics and Embodied AI Group.' He stated that multimodal foundational models are being transformed into basic intelligent agents, which can utilize tools and memory to perform long-term reasoning through reinf..
https://news.futunn.com/en/post/63019067/alibaba-has-taken-a-hands-on-approach-with-qwen-leadingCathie Wood Goes Shopping: 3 Rising Stocks She Just Bought
The growth investor kicked off this week buying up some high-flying stocks.
https://finance.yahoo.com/news/cathie-wood-goes-shopping-3-143700135.htmlAlibaba Stock (BABA): What’s Driving Wall Street’s Optimism Despite Rising Competition - TipRanks.com
Alibaba ($BABA) ($HK:9988) is winning attention on Wall Street as analysts grow more confident in its AI and cloud ambitions. The Chinese e-commerce leader has seen...
https://www.tipranks.com/news/alibaba-stock-baba-whats-keeping-wall-street-bullish-despite-rising-competitionFOMO Builds as Alibaba Extends $250 Billion AI-Fueled Comeback
With lingering caution over the Chinese economy and cutthroat market competition, short bets on Alibaba spiked last month. “We expect this underweight position to change,” said Jian Shi Cortesi, a fund manager at Gam Investment Management who still sees “significant upside” in Alibaba.
https://finance.yahoo.com/news/fomo-builds-alibaba-extends-250-023620517.htmlNexth Zone - Alibaba's Bold Leap: A US$50 Billion Investment in AI and Cloud Computing
<p>In a significant move to bolster its technological capabilities, Chinese tech giant Alibaba has announced plans to invest at least US$50 billion over the next few years in artificial intelligence (AI) and cloud computing. This substantial investment underscores Alibaba's commitment to ..
https://nexth.zone/blog/alibabas-bold-leap-a-us50-billion-investment-in-ai-and-cloud-computing/105