China’s Singles’ Day Sales Soar with AI Boost
Alibaba, JD.com, and Douyin see record-breaking Singles’ Day sales as AI helps brands grow amid a slow economy.
Alibaba, JD.com, and Douyin see record-breaking Singles’ Day sales as AI helps brands grow amid a slow economy.
White House memo claims Alibaba provides tech support to Chinese military for operations targeting US infrastructure, raising national security concerns about data access and cyber threats.
Alibaba is overhauling its “Tongyi” app into “Qwen,” adding AI agent features for shopping and expanding globally — a major step to compete with OpenAI and ByteDance.
XPeng plans to roll out three self-developed robotaxi models next year using its own chips, software, and hardware, marking a first for a Chinese automaker.
Alibaba Cloud cuts prices by up to 10.2% in Frankfurt, Tokyo, and Dubai as it expands globally with new data centers in Brazil, France, and the Netherlands to compete with AWS, Microsoft, and Google.
Alibaba plans to ramp up AI spending past its original $53 billion target as CEO Eddie Wu anticipates a $4 trillion global AI market over the next five years.