Last week, Alibaba reported fiscal second-quarter 2024 revenue growth of 5% to $33.70 billion, beating the analyst consensus of $33.47 billion. Taobao and Tmall Group revenue grew by 1% to $14.11 ...

Alibaba Cloud, the cloud computing arm of China’s Alibaba Group Ltd., announced Thursday the release of a new artificial intelligence model named Qwen2-VL capable of advanced vision ...

The collaboration has been followed by the unveiling of a large multimodal model (LMM) solution by Alibaba Group Holding’s cloud computing services unit. The LLM solution is tailored for automotive ...

Alibaba Group BABA is positioning itself as a formidable player in the artificial intelligence (AI) landscape, demonstrating remarkable technological innovation and financial resilience in its ...

Alibaba International Digital Commerce Group (“AIDC”) For the quarter ended June 30, 2024, revenue from AIDC grew 32% year-over-year to RMB29,293 million (US$4,031 million).