Baidu buys JOYY's China live-streaming unit for $2.1 billion in digital video push
Baidu said on Tuesday it has bought JOYY's China live-streaming business for about $2.1 billion, reviving a deal that fell ...
Alibaba to release open-source version of video generating AI model
Alibaba will release an open-source version of its video and image-generating artificial intelligence model, Wan 2.1, the ...
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Chinese Tech Giant Alibaba Will Spend More Than $50B on AI and Cloud Computing Over Next Three Years
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.