Alibaba Cloud has open sourced its family of video foundation models to provide businesses and researchers with access to video creation capabilities. The four models in the Tongyi Wanxiang (Wan ...

Alibaba Cloud has slashed the prices of its products by nearly two thirds (59%) for international customers. The company announced its new prices today (8 April) citing price reductions due to ...

Chinese e-commerce and cloud computing giant Alibaba (BABA) is intensifying the ongoing artificial intelligence (AI) battle ...

Alibaba Cloud publishes four video AI models as open source. Wan2.1 should be able to compete with the big players from the USA. The Chinese company Alibaba Cloud has announced the release of open ...

Alibaba, the fourth largest cloud company in the world, unveils plans to invest $53 billion in AI infrastructure as China’s largest cloud provider seeks to become a more dominant global AI player.

The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business. Alibaba is planning to invest 380 billion yuan ...