"alibaba"

Move also removes restriction on Paytm Payments Services Limited from onboarding new merchants which was imposed on the company on November 25, 2022

Wan 2.1 comes in four versions: T2V-1.3B, T2V-14B, I2V-14B-720P, and I2V-14B-480P. The T2V models generate videos from text, while the I2V models convert images into videos. Notably, the T2V-1.3B model can run on consumer-grade GPUs with just 8.19GB of VRAM, generating a five-second 480p video in four minutes on an Nvidia RTX 4090.

Interestingly, the release of the new AI model came on the first day of the Lunar New Year, when most of China is closed and people are off their work

As part of the investment plan, the Chinese e-commerce giant plans to spend $200 million this year to build the logistics center.

Wu is replacing Trudy Dai, a longtime Alibaba executive who was one of the founding employees of the company.

Daniel Zhang, resigned as head of its cloud computing unit in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle.

Alibaba has launched new artificial intelligence (AI) models that can understand images and perform more complex conversations

Alibaba founder Jack Ma has invested in a fishery and agriculture startup in China, the media reported on Tuesday

Billionaire and former Alibaba founder Jack Ma made a rare public appearance in the Chinese city of Hangzhou

Alibaba Group on Friday denied speculations of mass layoffs, saying it is committed to hire 15,000 new employees

Beijing: Chinese internet giants including Alibaba, Tiktok-owner ByteDance and Tencent have shared details of their algorithms with Beijing’s regulators for the first time. Algorithms decide what users see and the order they see it in and are critical to driving the growth of social media platforms. They are closely guarded by companies, the BBC reported. […]

Beijing, Aug 6 (IANS) Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday. According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company […]

By Cecilia Rikap, Bengt-Åke Lundvall Big Tech companies and the Chinese and US governments are embroiled in a complex relationship of harmony and conflict. We are all at the mercy of the outcome. “Simply put, they have too much power,” US Congressman David Cicilline said of American Big Tech in a 2020 congressional hearing. That […]

Alibaba was fined for “abusing its dominant position” to limit competition by retailers that use its platforms and hindering the “free circulation” of goods.

The battle between Reliance and Amazon with the Future Group’s assets as the prize promises a nail-biting finish

At least four-five Indian platforms that cater to the needs of one billion consumers each are a pre-requisite to make our mark in the global Internet economy

In a brief note, the State Administration for Market Regulation said that it is investigating Alibaba over its "choosing one from two" policy.

Alibaba did not immediately respond to an AFP request for comment but the Times report said the function was only used in a testing capacity and was never offered beyond that.