Wednesday, February 28, 2024

THAT'S A BIG JUMP!! Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm

  


Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, joining Tencent Holdings Ltd. and Silicon Valley peers like Microsoft Corp. in placing big bets on generative AI. Jane Zhang reports on Bloomberg Television.

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