[ad_1] Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort…
Tag: Alibaba Group Holding Ltd
China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
[ad_1] A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which…
Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs
[ad_1] Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada…
TikTok and GoTo team up in Indonesia, threatening Southeast Asia’s e-commerce giant
[ad_1] BRAZIL – 2023/05/23: In this photo illustration, the Shopee logo is displayed on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) Rafael Henrique | Sopa…
Japanese tech giant Rakuten plans to launch proprietary AI model within next two months
[ad_1] The logo of Japanese tech giant Rakuten logo seen at the Mobile World Congress 2019. Paco Freire| SOPA Images | LightRocket via Getty Images Japan’s Rakuten plans to launch…
Amazon announces new AI chip as it deepens Nvidia relationship
[ad_1] Amazon’s AWS cloud unit has announced new chips for customers to build and run artificial intelligence applications on, as well as plans to offer access to Nvidia’s latest chips.…
China’s Alibaba shakes up cloud unit management after scrapping the division’s IPO
[ad_1] The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba has begun an overhaul of its cloud computing unit, bringing in veterans to new…
Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop
[ad_1] Jack Ma, founder and executive chairman of Alibaba Group in Shanghai China on Dec. 5th, 2017. Justin Solomon | CNBC Alibaba founder Jack Ma held off on plans to…