Alibaba Financial News
24.08 / 12:15
business
Bitcoin
Ant
China’s Ant Group to help Malaysia launch crypto-friendly 'super app'
Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings.
15.02 / 15:36
US
companies
'Big Short' Michael Burry boosts China tech investments amid downturn
JD.com was the firm’s second biggest holding as it increased its investment from 125,000 to 200,00 shares at $5.8m.
12.10 / 09:45
TON
TON Foundation Aims to Secure Guinness World Record as the World's Fastest Blockchain
On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of "world's fastest blockchain." The public network performance test is slated to take place on October 31, 2023, at 15:00 UTC. During this event, the blockchain network will be rigorously tested for its reliability, scalability, and speed.
13.09 / 21:11
regulation
Tencent
ChatGPT
OpenAI
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13.
08.09 / 09:39
business
Adoption
Web3
Ant
Web3 Developers
Ant Group launches new blockchain brand for Web3 developers
Ant Group, the owner of the world’s largest mobile payment platform, Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers.
15.08 / 14:39
03.08 / 13:29
business
Meta
open
Alibaba releases two open-sourced AI models to rival Meta’s Llama 2
Alibaba Group, the Chinese tech and e-commerce giant, announced the release of two open-sourced artificial intelligence (AI) models from its cloud computing department on Aug. 3, according to a press release.
26.07 / 09:53
26.06 / 09:35
Adoption
NEAR
boost
Near Foundation
NEAR Foundation and Alibaba Cloud Join Forces to Boost Web3 Development in Asia
NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East.
20.06 / 22:03
business
Technology
Adoption
Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair.
20.06 / 14:49
Adoption
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
14.04 / 22:27
business
Twitter
MetaMask
Crypto Biz: Global AI race ramps up, Winklevoss $100M loan to Gemini, and more
The artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba reportedly integrating the technology into their businesses. The Chinese giant is working on its own chatbot assistant, while the social media platform is apparently leveraging AI to “detect & highlight manipulation of public opinion”. It's worth remembering that Twitter CEO Elon Musk recently spearheaded a letter calling for the halt of advanced AI development due to societal concerns. As the proverb says, "if you can't beat your enemy, join them".
11.04 / 12:09
business
Adoption
ChatGPT
Tech giant Alibaba to roll out ChatGPT competitor AI
Chinese e-commerce giant weighs into the global race for artificial intelligence (AI) with its own version of chatbot assistant. Alibaba announced the rollout of the ChatGPT-like product in the “near future.”
08.03 / 19:19
Blockchain
Sport
Google
Gaming
ATM
Google Cloud
network
NOT
Today in Crypto: Nansen Launches Query on Google Cloud, Coinme Adds 22,000 ATMs to Cash Network, Mysten Labs Signs MOU with Alibaba Cloud, NFTs Not (Yet) Securities in Germany
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
12.01 / 17:03
business
Blockchain
Ant
Jack Ma surrenders control of fintech giant Ant Group
Chinese billionaire and Alibaba founder Jack Ma will no longer control the fintech giant Ant Group as part of recent changes to the company’s corporate structure.
19.12 / 00:17
Blockchain
Cloud Services
Withdrawals
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions due to a node maintenance from a third-party cloud provider, according to an announcement on Dec. 18.
18.12 / 14:03
business
Blockchain
Cloud Services
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center.
13.12 / 13:59
Alibaba’s Alipay & Taobao Platform to Launch Digital Yuan Pay Functions
An affiliate of the Chinese tech giant Alibaba has claimed that it will allow customers to pay with the digital yuan on its Taobao e-commerce platform, in addition to the market-leading Alipay e-payments platform.
17.06 / 14:37
Tencent
NFT platforms in China grow 5X in four months despite government warnings
The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was just over 100.
10.06 / 06:07
business
Marketplace
Alibaba Cloud launches NFT solution… then quickly memory holes it
The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online.
07.05 / 03:03
CBDC
Adoption
boost
Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow
The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone.
what's happening in Alibaba
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