AI services boom as young Chinese monetize new skills, data shows
The trend reflects a broader shift: AI is moving from something people learn about to something they use to make money.
Tag: Alibaba
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Zhejiang holds steady with 10 Fortune Global 500 companies
The latest chart underscores the province’s resilience and Hangzhou’s growing role as one of China’s leading corporate headquarters.
Ningbo capital reaps $4 billion windfall from five-year CXMT bet
Rather than seeking a quick exit, the consortium positioned itself as a long-term partner in a strategic technology race.
Alibaba tests AI office agent as workplace AI race heats up
The launch comes as China’s major technology companies consolidate overlapping AI products instead of allowing them to compete internally.
Alibaba Cloud runs 2.4T-parameter model on homegrown AI supernode
The deployment marks the first time a domestically developed AI supernode has successfully run inference for a model with more than 2 trillion parameters.
Alibaba showcases AI stack from chips to research agents at WAIC 2026
Alibaba said shipments of its Zhenwu AI chips had reached 560,000 units by April, serving more than 400 customers across over 20 industries.
Qwen debuts upgraded AI glasses, first agent earbuds at WAIC 2026
The launch reflects intensifying competition in AI wearables, where devices are evolving from voice assistants into autonomous AI agents.
Alibaba captures nearly half of China’s AI coding market, IDC says
Alibaba said Qoder has attracted more than 5 million users worldwide and serves hundreds of thousands of enterprises.
Alibaba leads $440M AIsphere funding, deepening AI video bet
The investment marks Alibaba’s second backing of AIsphere after leading its $60 million Series B round in September 2025.
Alibaba clarifies Cainiao supply chain remains independent
Cainiao’s domestic supply chain business formally joined Alibaba’s e-commerce business group on July 1.