Jack Ma responds to Xi Jinping, commits 75 trillion won to AI investment
According to Chinese economic media sources like Chailianshe on the 24th, Daniel Zhang, chief executive officer (CEO) of Alibaba Group, revealed this plan. This not only exceeds the total amount Alibaba has invested in the sector over the past decade but also marks the largest AI investment among private corporations in China.
Social media was abuzz with users praising Mr Ma for his return to the public spotlight. "Congratulations [Jack] Ma for the ...
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
The stock of tech giant Alibaba — whose shares had been beaten down since Beijing's yearslong Big Tech regulatory crackdown — ...
Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...
Ant Group Co.’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the ...
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are ...
China's President Xi Jinping met top private sector entrepreneurs, including Alibaba's Jack Ma, signaling a policy change ...
China's economic fortunes were improving before Donald Trump's re-election, but his return to the White House seems to have inspired Xi Jinping to bring Beijing's business leaders in from the cold.
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