Alibaba

China's Alibaba Teams Up with Nvidia on AI Robot Tech

This is Beirut, 24/09 14:20 - Reading : 3 minute(s)

AI Nvidia Alibaba Technology

Alibaba announced on Wednesday a "milestone collaboration" in AI tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots. The news came as Alibaba's shares soared more than nine percent in Hong Kong after chief executive Eddie Wu unveiled plans to further ramp up spending on artificial ...

China's Alibaba to Invest $50 bn in AI, Cloud Computing

This is Beirut, 24/02 10:45 - Reading : 2 minute(s)

Alibaba AI Jack Ma Cloud computing

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping. Investors have piled into Chinese technology stocks since the start of the year, with Alibaba – which runs some of the ...

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