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- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gapChinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
- Tencent tests AI assistant for its super app WeChat in ChinaKnown as Weixin in China, the super app has made the new AI assistant available to a small number of users, according to a statement from W...
- BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
- Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
- Ant group quarterly profit rises nearly 18% on year to 13 billion yuanAlibaba, which spun off Ant 12 years ago, said last month it had decided not to participate in Ant's proposed share buyback and would maint...
- Alibaba breaks up investment team, sends staff to unitsThe e-commerce giant is placing about half of 70-some people from its investing arm with the newly formed arms focusing on businesses from ...
- Alibaba fourth-quarter revenue rises 2%Alibaba Group Holding Ltd. reported fourth-quarter revenue that missed expectations, as Chinese consumer spending has gained some momentum ...
- Softbank Group to report $2.7 billion gain after Alibaba shares saleThis follows the sales of Alibaba Group Holdings shares to Softbank's wholly owned subsidiary Shiodome Project 17 GK.
- Newspaper says Alibaba has fired employee who accused former co-worker of sexual assaultDahe Daily interviewed the employee, saying she had received notification of termination at the end of November, and published a copy of wh...
- Alibaba reports first operating loss as a public companyThe fine by China's markets regulator in April was the largest-ever of its kind
- Alibaba freezes executive pay rise amid China's big tech crackdown: Sources"Talent is Alibaba Group's most important asset. We have a robust and competitive compensation system that reflects our priorities in culti...
- Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
- 3-year experiment helps Alibaba reinvent factoriesAfter helping more than a million brick-and-mortar Chinese retailers modernise their operations, Alibaba Group Holding has now set its sigh...
- Alibaba to invest $1 billion in LazadaAlibaba took control of Lazada last year from Rocket in a $1 billion deal -its largest overseas move to date.
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