Alibaba

Alibaba has launched its new AI chatbot app, Qwen, available globally and free to use, aiming to compete with ChatGPT and integrate into its wider digital ecosystem. The app has already drawn high user traffic and caused concern in the U.S. tech sector, highlighting Alibaba’s growing influence in AI development and adoption.

Alibaba’s Ant Group has launched Jovay, an Ethereum Layer 2 network designed to bring real-world assets onto the blockchain. The project focuses on institutional use, offering high transaction speeds and regulatory compliance without launching its own token.

Alibaba is launching a recruitment drive to hire 3,000 interns, with half of the positions focused on AI roles, as part of its broader strategy to advance in the AI space. The company is also investing over $52 billion in AI and cloud infrastructure, aiming to strengthen its position in the competitive tech market.

China's advanced mobile payment technologies drove a significant increase in travel-related consumer activity during the National Day holiday

Alibaba has launched a new AI-powered video generator called Qwen 2.5, allowing users to create high-quality videos from text prompts in both Chinese and English. This tool enhances Alibaba's Tongyi Wanxiang portfolio and aims to serve various industries, simplifying video production by integrating audio and offering unlimited free usage.

AIOZ Network partners with Alibaba Cloud, becoming the leading blockchain ally in their Innovation Accelerator program, aiming to revolutionize southeast Asia's blockchain landscape.

Alibaba's EMO revolutionises AI animation, animating static photos into lifelike talking and singing videos. By directly converting audio to video, EMO captures subtle motions and individual facial characteristics with astonishing realism, presenting both innovative opportunities and ethical considerations.

Alibaba shifts focus from quantum computing to generative AI, showcasing adaptability and commitment to innovation.