Alibaba is divesting Lingxi Games to Trustar Capital for $1.5 billion, aligning with its strategic shift toward artificial ...
Qwen, Alibaba’s family of AI models, has open-sourced more than 460 models. Read more at straitstimes.com. Read more at ...
Alibaba sells gaming arm Lingxi Games for $1.5bn to focus on AI and cloud computing as part of its strategic corporate ...
Alibaba sells its gaming arm, Lingxi Games, to Trustar Capital in a reported $1.5 billion deal, days before earnings.
Qwen artificial intelligence models have exceeded 3 billion in downloads globally over the last six months, topping that of Meta Platforms (META) and Alphabet's (GOOG,GOOGL) Google, Bloomberg reported ...
Alibaba is selling gaming subsidiary Lingxi Games to private-equity firm Trustar Capital, in a deal valued at more than ...
William Ma, CIO of GROW Investment Group, said that Alibaba’s LLM Qwen overtaking rival models in downloads marks a tipping ...
By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) - Alibaba Group is expected to reap more than $2 billion from the ...
The sale of Lingxi Games formed part of Alibaba's wider restructuring as the company increased its focus on artificial ...
Alibaba Group is selling its videogame business in a deal worth at least $1.5 billion as the Chinese company shifts its focus to artificial intelligence. The company has reached an agreement to sell ...
Alibaba will sell Lingxi Games to Trustar Capital for more than $2 billion as it focuses resources on AI and cloud computing.