Alibaba News
Alibaba’s AI models are built upon the company’s large language model called Tongyi Qianwen.
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.
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.
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.
Jack Ma is the founder of Alibaba Group.
Jack Ma is the 66th richest in the world.
Jack was born on October 15th, 1964.
Jack Ma, gave his first teaching class to the diverse batch of students on June 12, 2023 at the University of Tokyo.
He joined the University as the visiting professor.
Jack Ma stepped down from Alibaba's CEO position in 2013.
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.
According to the Financial Times, Ma's most recent action is one of the few public commitments he has made outside of China.
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.
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.
Alibaba Group unveiled key senior management changes.
The company decided to change after Hong Kong servers suffered a serious outage.
Jeff Zhang will no longer serve as President of Alibaba Cloud Intelligence.
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.
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.
Alibaba founder Jack Ma ran into trouble with the Chinese government over violating anti-monopoly regulations.
Jack Ma has kept a low profile since 2020 and is now living in Tokyo for about six months.
Ma is in Japan with his family. His stay included stints in hot springs and ski resorts in the countryside outside Tokyo and regular trips to the US and Israel.
Shares of Alibaba and Tencent fell sharply on Monday
5 of Alibaba's and 12 of Tencent's transactions violated anti-monopoly rules
Increasing cases of coronavirus also shook investor sentiment: Francis Lun
Alibaba stock crashed by 9.4$
Erosion of $27 billion in share value.
'Ma' is the 13th most common surname in China.
Jack Ma has been meeting business associates in Hong Kong
He has been keeping a low profile since a year
China limits video game time for its youth
China is a big market for video games
Case pertains to Alibala female staffer.
She has accused of sexual assault while on business trip.
10 staffers fired for leaking internal content.
Questionsn on future of Ma`s control of Ant.
Ma had offered to hand over parts of Ant.
Ma`s stake is worth billions of dollars.
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