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21.08.25 - 11:06
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ByteDance unleashes open-source AI model to challenge DeepSeek, Alibaba Cloud (SCMP)
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Social media giant ByteDance on Wednesday released a new artificial intelligence model that looks to challenge those from DeepSeek and Alibaba Cloud in the global market for open-source AI systems.
TikTok and Douyin owner ByteDance's Seed department, which oversees the tech unicorn's AI research and large language model (LLM) development, has uploaded three variants of its Seed-OSS-36B open-source AI model to Hugging Face, the world's largest open-source AI developer platform.
Seed-OSS-36B was......
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21.08.25 - 07:18
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Der Lauf von Xiaomi, Tencent & Co geht weiter (Der Aktionaer)
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Neben den großen US-Techs entwickeln sich auch Chinas Technologie-Riesen sehr stark. Dies spiegelt sich in den Kursen wider. So konnte etwa der Kurs der Aktie von Alibaba im laufenden Börsenjahr um satte 42 Prozent zulegen....
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21.08.25 - 06:06
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Alibaba to spin off Banma self-driving business via Hong Kong IPO (SCMP)
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Alibaba Group Holding plans to spin off its Banma Network Technology unit, as one of China's largest technology behemoths moves ahead with a separate listing for its autonomous driving unit to raise capital.
Alibaba has received an initial go-ahead from the Hong Kong stock exchange for Banma's proposed initial public offering (IPO), the company said in a statement on Thursday. The stake held by the Hangzhou-based conglomerate in Banma will drop to 30 per cent from the current 44.72 per cent......
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21.08.25 - 05:06
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Chinese unicorn Z.ai, Alibaba Cloud team up to deploy new AI agent (SCMP)
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Chinese artificial intelligence unicorn Z.ai, formerly known as Zhipu, has joined forces with Alibaba Group Holding's cloud computing unit to push a new general-purpose AI agent for smartphones, tablets and desktop computers that handles everyday tasks such as ordering food and making reservations online.
Beijing-based Z.ai, which created the AI agent, said it was free and available on the Android and iOS mobile platforms, as well as for web terminals, according to its announcement via WeChat......
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21.08.25 - 03:45
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Jack Ma Visits 'Ant Forest' amidst Inner Mongolia Desert (AAStocks)
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BABA-W (09988.HK)(BABA.US) founder Jack Ma recently visited the ecological restoration project "Ant Forest" under Ant Group, located in the Khorchin Desert area of Inner Mongolia. He interacted with local staff about tree planting conditions and compared his height with the trees.The 2024 Ant Group Sustainable Developm......
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20.08.25 - 23:54
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Chinese Tech Giants Keep Buying Nvidia′s H20 Chips Despite Beijing′s Warnings (ZeroHedge)
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Chinese Tech Giants Keep Buying Nvidia's H20 Chips Despite Beijing's Warnings
Chinese demand for Nvidia's H20 chips remains strong despite Beijing's warnings over "security" risks, industry sources told Nikkei Asia. The U.S. chipmaker, which agreed to hand 15% of China sales revenue to Washington in exchange for export approval, is now eyeing a rebound in the world's second-largest economy.
Beijing recently summoned Alibaba, ByteDance, Tencent, and Baidu, urging them to rely more on domestic suppliers like Huawei, Biren, and Cambricon. State media later echoed government concerns, alleging H20 chips carry backdoor risks — a claim Nvidia denies. Bloomberg also reported officials warning against using H20 in government projects.
Executives at major Chinese firms, however, say the guidance is only "advice," not a ban. One told Nikkei that their projects are not "critical infrastructure" and will continue to use Nvidia chips. Another noted that while Huawei's ...
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