Alibaba news and trends

Alibaba Plans Major Discounts on AI Large Language Models

December 31, 2024
Alibaba Group building
AI’s Leap Year: Smarter, Sharper and Ready to Reshape Everything
Artificial Intelligence // December 31, 2024

Silicon Valley’s artificial intelligence powerhouses staked their tech claims in 2024, rolling out AI models that solved increasingly complex problems. The latest systems from OpenAI, o3 and o3-mini, can reason through a task and validate themselves for accuracy — a change from earlier versions that...

Alibaba Reportedly Plans $4 Billion eCommerce Venture With Korea’s E-Mart
Partnerships // December 26, 2024

Alibaba is reportedly establishing an online shopping venture with South Korean retailer E-Mart. The two companies are set to combine the assets of their respective online platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture, The Wall Street Journal reported Thursday (Dec. 26),...

Alibaba Merges Global and Domestic eCommerce Businesses
eCommerce // November 21, 2024

Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. According to a Thursday (Nov. 21) securities filing, the new Alibaba E-commerce Business Group melds together the company’s Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group. Fan Jiang, CEO of...

China Turns to Silicon Valley to Bolster Homegrown AI Firms
artificial intelligence // November 19, 2024

Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Companies such as ByteDance and Alibaba have recently begun expanding their offices in California as they seek to poach workers from American competitors for their generative artificial intelligence (AI) efforts, the...

Interviews & Exclusives
AI’s Leap Year: Smarter, Sharper and Ready to Reshape Everything

December 31, 2024
Silicon Valley’s artificial intelligence powerhouses staked their tech claims in 2024, rolling out AI models that solved increasingly complex problems. The latest systems from OpenAI, o3 and o3-mini, can reason through a task and validate themselves for accuracy — a change from earlier versions that were not as reliable. The company is testing the models […]

B2B Marketplaces Unlock New Opportunities for Commercial Procurement

June 06, 2024
The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has launched a new B2B-focused marketplace...

Alibaba’s Split Signals Shift in China Big Tech Approach, or Maybe Not      

March 29, 2023
In an ambitious and far reaching move, China is signaling a new approach to Big Tech. And by extension, entrepreneurship and innovation will blossom. Split six ways, you might say...

If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part

November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown...

Quick Reads
Alibaba Plans Major Discounts on AI Large Language Models

December 31, 2024
Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Those markdowns are as high as 85%, CNBC reported Tuesday (Dec. 31), citing a WeChat post from the company’s cloud computing unit. The cuts involve Alibaba’s visual language model, Qwen-VL, created to perceive and understand both texts and images. The report notes that the […]

Alibaba Reportedly Plans $4 Billion eCommerce Venture With Korea’s E-Mart

December 26, 2024
Alibaba is reportedly establishing an online shopping venture with South Korean retailer E-Mart. The two companies are set to combine the assets of their respective online platforms, AliExpress Korea and...

Alibaba Merges Global and Domestic eCommerce Businesses

November 21, 2024
Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. According to a Thursday (Nov. 21) securities filing, the new Alibaba E-commerce Business Group melds together the company’s Taobao...

China Turns to Silicon Valley to Bolster Homegrown AI Firms

November 19, 2024
Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Companies such as ByteDance and Alibaba have recently begun expanding their offices in California as they...