World’s trading giant is studying blockchain to adopt it to Alibaba service.
Ethereum added $700M in a week, pushing its market cap above Coca-Cola and Alibaba.
The partnership with Alibaba Cloud will help Chainbase focus on making its data network more decentralized by improving storage and computing power.
CertiK will expand its offerings on Alibaba Cloud by adding penetration testing and the Skynet due diligence tool.
While China remains firm in its ban on cryptocurrency transactions, the country continues to embrace blockchain technology as a foundation for innovation in areas like digital identity, supply chain management, and cross-border payments.
This collaboration between Aptos Foundation and Alibaba Cloud marks a significant step in advancing Japan’s role in the global Web3 landscape.
Apart from Tongyi Qianwen 2.0, Alibaba has launched eight AI models for the entertainment, finance, healthcare, and legal industries. Among them is the GenAI Service Platform that allows companies to build their own generative AI applications, using their own data.
Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI.
CCS Insight predicts that the EU will indeed be the first to introduce specific regulations for AI.
The significance of this IPO is further highlighted when considering the expected global ranking of this offering.
Meanwhile, Alibaba has put a hold on Hong Kong IPO plans for its grocery chain Freshippo.
Alibaba’s development of AI offers significant benefits to the strength of the Chinese technology sector. By making Tongyi Qianwen accessible to the Chinese community, there is potential for widespread innovation if used correctly.
In an official statement on Sunday, Alibaba said that Zhang will be replaced by Eddie Wu.
After 16 years of service to the firm, Zhang is ready to move on to the next career phase. Alibaba expressed gratitude for his work at the company.
Some of China’s state-backed telecommunications companies are keen on investing in Alibaba Cloud, said sources familiar with the matter.
Alibaba revealed its intention to provide the two AI models as open-source solutions to the global community.