Technology
DeepSeek has cut the cost of its API services by up to 90 percent, intensifying price competition across the global artificial intelligence industry. The move follows the release of its latest large language model, V4, and includes a 75 percent promotional discount on its flagship V4 Pro model through......
Tencent and Alibaba are in talks to invest in AI startup DeepSeek at a valuation exceeding $20 billion, marking a sharp increase from earlier expectations and signaling rising competition for strategic positions in China’s AI sector. The discussions would represent the first external funding round......
Mercedes-Benz has rejected reports that it is developing a new electric vehicle platform in China based on technology from its partner Geely Auto, calling the claim inaccurate and fabricated. The report, first published on March 4 by Chinese business outlet 36Kr and later circulated across international......
Alibaba Group Holding unveiled a transformative upgrade to its Qwen AI application on Thursday, seamlessly weaving in powerhouse consumer services such as Taobao, Alipay, the Fliggy travel platform, and Amap mapping directly into a single AI-driven interface. Users across China can now handle everything......
Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......
