Latest news and articles about alibaba from NEX English
In a strategic move to strengthen its dominance in China's digital market, Alibaba Group has opened its smart assistant system Qwen to major brands. Users can now order everything from fried chicken to bubble tea through simple conversations.
US authorities are investigating the smuggling of <strong>Nvidia</strong> chips to Chinese company <strong>Alibaba</strong> via <strong>Thailand</strong>, raising concerns about technological security. This move comes amid escalating trade tensions between Washington and Beijing.
Analysts predict that Alibaba's cloud and artificial intelligence sectors will be key growth drivers in the upcoming quarter, with revenue growth expected to reach around <strong>40%</strong> due to increased investment in AI and business restructuring.
Chinese tech giant Alibaba has unveiled a new chip named <strong>XuanTie C950</strong>, specifically designed to meet the needs of artificial intelligence. This initiative is part of the company's efforts to strengthen its semiconductor capabilities.