Page 20 - Cloud Intelligence Group News Today

After launching its Tongyi Qianwen chatbot, Alibaba has now launched Tongyi Wanxiang a generative AI tool to generate images from text.

Alibaba stock is trading higher in early US price action today even as China imposed a nearly $1 billion fine on its affiliate Ant Financial.

Alibaba Group Holding's cloud computing services subsidiary and Shanghai's Fudan University have jointly launched what they describe as the country's largest cloud-based scientific research and intelligent computing platform for universities, deepening the business unit's ties with major public institutions and boosting its support for new artificial intelligence (AI) initiatives. The new Computing for the Future at Fudan (CFFF) platform was designed to train large AI models,...

Alibaba Group on Tuesday said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud division.

Alibaba Group has named its chairman of Taobao and Tmall Group Eddie Yongming Wu as the group's CEO, succeeding Daniel Zhang and replace Zhang on the company’s board of directors as part of its major reshuffle to the leadership team. Meanwhile, the company's executive vice chairman Joseph C.Tsai is

Outgoing Alibaba Group Chairman and CEO Daniel Zhang will focus on the company's cloud unit.

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Alibaba has appointed Eddie Wu as the new CEO to succeed Daniel Zhang, allowing Zhang to focus on the companys cloud computing unit. This marks the first time Zhang will step down as CEO since he assumed the role in 2015. Joe Tsai will take over Zhangs role as the groups chairman.

The leadership shake-up comes months after Alibaba, which is the third-most valuable company in China, announced it would split into six groups.

SHANGHAI - Alibaba Group on Tuesday (June 20) said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud division as the Chinese e-commerce giant moves ahead with a plan to split into six business units. Zhang has been concurrently serving in three roles since December when he took over as head of...