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Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring exercise. … Read more
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. Go to Source
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges. Go to Source
Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’ Go to Source
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. Go to Source
The new entity, ZAN, will help the mother company shake off its affiliations with Web3 and proceed to the IPO. Go to Source
The Chinese tech and e-commerce giant Alibaba revealed two new open-sourced AI models, Qwen-7B and Qwen-7B-Chat, to rival Meta’s recently-launched Llama 2. Go to Source Powered by WPeMatico
Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development. Go to Source Powered by WPeMatico
The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021. Go to Source Powered by WPeMatico
Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives. Go to Source Powered by WPeMatico
