The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker Micron Technology announced robust quarterly results fueled by AI demand, while eCommerce giant Alibaba.com rolled out AI tools to empower...
Alibaba.com has launched a new service in which it does more of the legwork involved in cross-border trade. For products sourced through Alibaba Guaranteed, which was officially launched Thursday (June 6), the global B2B eCommerce platform fulfills the orders itself and handles finance, the company...
The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has launched a new B2B-focused marketplace solution, Alibaba Guaranteed, embracing the future of digital procurement is top of mind for buyers...
Artificial intelligence (AI) firms have reportedly begun offering “AI-in-a-box” tools for companies to run in-house. It’s a trend that presents a threat to the AI cloud computing business of Chinese tech giants like Alibaba, Tencent and Baidu, the Financial Times (FT) reported Saturday (May 18). According to the report, among the...
June 06, 2024
The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has launched a new B2B-focused marketplace solution, Alibaba Guaranteed, embracing the future of digital procurement is top of mind for buyers and suppliers across industries. That’s because while traditional B2B procurement […]
March 29, 2023
In an ambitious and far reaching move, China is signaling a new approach to Big Tech. And by extension, entrepreneurship and innovation will blossom. Split six ways, you might say...
November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown...
November 03, 2021
In the great supply chain snarl that has been a hallmark of recent months, as the holiday season looms, it has been the smaller suppliers that have been the most...
July 10, 2024
Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas. The Chinese eCommerce firm is using generative AI for tasks like providing translations for sellers on its platform and negotiating refunds, Zhang Kaifu, head of AI development at Alibaba’s international eCommerce unit, told The Wall Street Journal (WSJ) in […]
June 06, 2024
Alibaba.com has launched a new service in which it does more of the legwork involved in cross-border trade. For products sourced through Alibaba Guaranteed, which was officially launched Thursday (June...
May 20, 2024
Artificial intelligence (AI) firms have reportedly begun offering “AI-in-a-box” tools for companies to run in-house. It’s a trend that presents a threat to the AI cloud computing business of Chinese tech giants...
May 14, 2024
Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. A report Tuesday (May 14) by Bloomberg News breaks down the company’s earnings, which showed Ant...