Alibaba shares dip 3% after quarterly earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. Source link
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Cloud computing
Pro-Palestine demonstrators protest Google I/O developer conference
WASHINGTON Dozens of pro-Palestinian demonstrators blocked the main entrance to Google’s I/O developer conference for over an hour Tuesday as
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Google terminates 28 employees after multi-city protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project
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Alibaba shares jump after founder Jack Ma re-emerges with praise of Chinese giant’s ‘transformations’
In the past year, Alibaba underwent a historic re-organization and sweeping management changes in a bid to return the Chinese
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Amazon’s AWS to invest $15 billion to expand cloud computing in Japan
Amazon Web Services said it plans to invest $15.24 billion in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for AI services. Source
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China’s Alibaba shakes up cloud unit management after scrapping the division’s IPO
The shakeup comes after a surprise move by Alibaba last week to cancel the highly-anticipated initial public offering of its
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Amazon launches European ‘sovereign’ cloud as EU data debate rages
Amazon Web Services European Sovereign Cloud will be located within Europe and will be separate to the U.S. technology giant's
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Goldman Sachs shares its top stock picks for China A.I. — and 2 are on its conviction list
The investment bank names Chinese stocks it says are likely to benefit from developments in generative artificial intelligence. Source link
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Alibaba begins rollout of its ChatGPT-style tech as China A.I. race heats up
Alibaba says Tongyi Tingwu, its AI-powered assistant, can analyze multimedia content and generate a text summary from video and audio files.
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