Latest news with #QwenAI
Free Malaysia Today
02-07-2025
- Business
- Free Malaysia Today
Alibaba expands AI cloud services in Malaysia, Philippines
Alibaba's cloud unit has launched its third data centre in Malaysia this week. (EyePress pic) BEIJING : Alibaba Group Holding Ltd is adding new data centres in Malaysia and the Philippines in pursuit of artificial intelligence (AI)-driven growth. 'The Hangzhou-based company's cloud unit launched its third data centre in Malaysia this week and it also plans to open its second data centre in the Philippines in October,' it said in a statement released today. Alibaba Cloud also said it's launching a global competency centre in Singapore to help accelerate AI adoption across industries. It said the centre would help more than 5,000 businesses and 100,000 developers access advanced AI models. Best known for its e-commerce operations in China, Alibaba has been charging into AI, building standalone offerings around its Qwen AI models and growing its cloud services. It has also announced infrastructure investments in Thailand, Mexico and South Korea. In the wake of DeepSeek's emergence on the global stage, Alibaba CEO Eddie Wu declared in February the company's 'primary objective' is now artificial general intelligence, a goal in the industry to build AI systems with human-level intellectual capabilities.
Bloomberg
28-04-2025
- Business
- Bloomberg
Alibaba Rolls Out Latest Flagship AI Model in Post-DeepSeek Race
Alibaba Group Holding Ltd. took the wraps off a new version of its flagship Qwen AI model, sustaining the breakneck pace of development that's characterized China's artificial intelligence sphere in the wake of DeepSeek. Alibaba on Tuesday unveiled its Qwen3 series of models, which it said rivals DeepSeek's performance on several fronts, including math and coding. Qwen3 also significantly cuts deployment costs compared to other major models, the company said.
Yahoo
24-03-2025
- Business
- Yahoo
Apple CEO Endorses Chinese AI Startup as Company Pursues Local Partnerships Amid Sales Slump
Apple (AAPL, Financials) Chief Executive Officer Tim Cook endorsed Chinese artificial intelligence startup DeepSeek at a Beijing forum, as the company seeks regulatory clearance to launch its Apple Intelligence features in mainland China and offset declining iPhone sales in the region. According to many news reports, Cook said at the China Development Forum in Beijing DeepSeek's AI models were "excellent." The remark before Apple's developer conference in Shanghai, where the firm is anticipated to showcase initiatives to localize its Apple Intelligence technologies for Chinese in Hangzhou, DeepSeek has attracted interest for creating big language models viewed as less expensive than U.S. substitutes. Cook's compliments of the startup follow allegations that Apple had teamed with Chinese technology companies like Baidu (BIDU, Financials) and Alibaba's (BABA, Financials) Qwen AI to include locally generated models into Apple Intelligence for consumers in mainland expanding attention on Chinese partners comes as it comes under more government scrutiny and confronts more competition from home companies such Huawei, Xiaomi (XIACF, Financials), and referenced by Bloomberg shows that Apple's smartphone shipments in China fell 25% in the fourth quarter of 2024 and 17% all year long. Though the iPhone 16 momentarily held first place during the year-end period, Huawei and Vivo surpassed Apple in yearly three trips in 2024, Cook's trip marks his first to China in 2025. His presence at the event indicates Apple's ongoing attempts to keep relations with Chinese authorities and negotiate geopolitical and legal constraints, especially with regard to generative artificial intelligence Premier Li Qiang singled out DeepSeek's development as a sign of the nation's technological improvement using the same venue to highlight China's capacity for innovation and economic AI collaborations and developer tools to help China's digital economy should take front stage at Apple's Shanghai Tuesday developer event. This article first appeared on GuruFocus. Sign in to access your portfolio
South China Morning Post
12-02-2025
- Business
- South China Morning Post
Alibaba's AI deal with Apple lifts Hong Kong shares by most in over 4 months
Alibaba Group Holding jumped by the most in more than four months in Hong Kong after the Chinese e-commerce giant tied up with Apple to develop artificial intelligence (AI) features for iPhones. Advertisement The shares advanced 7.2 per cent to HK$112.40 on Wednesday, on course for its best one-day performance since September 30. Its American depositary receipts added 1.3 per cent to US$112.78 in New York overnight. The run-up came after the Post reported on Tuesday that Alibaba struck a deal with Apple to help the US company apply AI technologies to its smartphones in China through the Qwen AI model, citing sources. US tech industry publication The Information first reported the news. Alibaba, which owns the Post, and Apple did not respond to requests for comment. While the details of the deal remain unknown, the partnership may help Apple to take on Chinese smartphone rivals such as Huawei Technologies and Oppo on the mainland where its Apple Intelligence AI capability is currently not available to iPhone users. 01:20 China's Alibaba releases new AI model, said to outperform competitors Deepseek and OpenAI's GPT-4o China's Alibaba releases new AI model, said to outperform competitors Deepseek and OpenAI's GPT-4o Alibaba 's Qwen AI model powers the world's top 10 open-source large language models, according to collaborative machine-learning platform and community Hugging Face Advertisement
