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According to STAR Market Daily, major Chinese tech companies are actively investing in the semiconductor sector, with one of the latest cases involving a local memory chipmaker. Sources indicate that Ant Group’s subsidiary, Shanghai Yunya Enterprise Management Consulting, has acquired a 1.87% stak...
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According to Economic Daily News, citing Wall Street Journal, sources say Alibaba has introduced a new AI chip that is more versatile than its predecessors, aiming to fill the gap left after NVIDIA faced regulatory hurdles in selling to China. The chip, currently in testing, is reportedly produced b...
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According to CNBC, Alibaba on Monday introduced a pair of smart glasses powered by its Qwen large language model and AI assistant, Quark—marking the company’s first step into the smart glasses market. The Chinese tech firm said the Quark AI Glasses will launch in China by the end of 2025, as not...
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Xiaomi may have kicked things off with its first AI glasses in late June, but another Chinese tech giant is gearing up to enter the fray. According to 36Kr, Alibaba is set to unveil its first self-developed AI glasses this week—reportedly featuring a dual-chip setup powered by Qualcomm’s Snapdra...
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Amid tightening U.S. restrictions on AI, Chinese cloud companies like Huawei, Tencent and Alibaba seem to be gaining ground on an unexpected market: the Middle East. According to Rest of World, they are steadily gaining ground in the region’s digital infrastructure race, closing the gap with their...