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Chinese AI startup 01.AI looks to raise $200 million01.AI drew recognition in the open-source LLM community in November, when its Yi-34B model became the first Chinese LLM to top the leaderbo...
14 Dec, 2023, 05.07 PM IST
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueThe drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value.
17 Nov, 2023, 12.58 PM IST
Alibaba's Hong Kong shares tumble 10% after cloud unit spin-off shelvedThe stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.
17 Nov, 2023, 09.14 AM IST
Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPOAlibaba's stock fell over 4% in Hong Kong after ex-CEO Daniel Zhang resigned from the company's cloud computing unit. Concerns have arisen ...
11 Sep, 2023, 02.27 PM IST
Alibaba opens second US data center in $1 billion cloud pushAlibaba opened its second data center in Silicon Valley as it invests $1 billion in its cloud computing business globally to compete for cl...
09 Oct, 2015, 10.33 AM IST