As a potential recession looms, investors should be prepared for the cloud boom to return to earth, and there is potential for a larger pullback in cloud spending that could have a domino effect on already bludgeoned tech stocks Read More...
Benzinga
Alibaba Looks To Cut Intelligence R&D Costs Of SMEs By 50% With Latest Move
At the AIoT-Partnership Conference on July 20, Alibaba Group Holding Limited (NYSE: BABA) disclosed the Intelligence Connectivity strategy to explore more consumer-oriented artificial intelligence forms, Pandaily reports. Alibaba has invested more than 100 billion yuan ($14.8 billion) in technological R&D annually, including AI, over the last four years. Alibaba Cloud and intelligent information services like the DAMO Academy, Quark, and UC also researched cutting-edge AI technologies. Also Read
