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Alibaba backs US$2.5 billion AI startup in second major 2024 deal - THE BUSINESS TIMES

Retrieved on: 2024-03-05 15:24:24

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Alibaba backs US$2.5 billion AI startup in second major 2024 deal - THE BUSINESS TIMES. View article details on HISWAI: https://www.businesstimes.com.sg/startups-tech/alibaba-backs-us-2-5-billion-ai-startup-in-second-major-2024-deal

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Alibaba Group is actively investing in generative AI startups like MiniMax and Moonshot, signaling its commitment to emerging AI technologies, amidst competition with peers like Tencent and Baidu, and after a period of regulatory constraints.

Article found on: www.businesstimes.com.sg

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