Tag Archives: ALIBABA

China’s artificial intelligence (AI) industry is shaking up the global market with a wave of low-cost AI models, following the groundbreaking success of DeepSeek. The rapid expansion of these Chinese AI models is putting pressure on industry leaders like OpenAI, Google, and Nvidia, forcing them to reconsider their pricing and business strategies.

In a bold move that could reshape the global AI landscape, Alibaba has launched its latest AI model, Qwen2.5 Max, claiming that it outperforms some of the biggest players in the AI industry, including DeepSeek’s AI models, OpenAI’s GPT-4, and Meta’s Llama.

Chinese firm had sold 3.1% stake in fintech giant in Jan. Paytm shares slumped close to 9% on Friday after Chinese e-commerce giant Alibaba offloaded its entire holding in the online payments aggregator.According to data from NSE, Alibaba sold 21,431,822 shares of Paytm’s parent One97 Communications in a bulk deal …