Alibaba makes AI model for video, image generation publicly available
Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available - or open source - in a move likely to increase its uptake and intensify competition in AI.
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
Alibaba Group Holding Limited (NYSE:BABA) is an internet giant that offers e-commerce services in China and internationally.
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
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Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
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