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Twitter and Alibaba Enter Global AI Race
Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.
Alibaba Enters AI Race with Tongyi Qianwen Chatbot
Chinese e-commerce giant, Alibaba, has announced its own version of a chatbot assistant, Tongyi Qianwen, which will be integrated with its vast ecosystem of tech businesses. The chatbot will be able to communicate in English and Mandarin and perform tasks such as turning conversations into written notes, writing emails, and drafting business proposals. Alibaba's new product has drawn comparisons to OpenAI's ChatGPT and Google's Bard and Baidu's Ernie.
Alibaba's Ant Group Floats New Digital Bank ANEXT in Singapore
Ant Group, a majority-owned fintech firm of Alibaba Group Holdings has launched ANEXT, a digital bank following a nod from the Monetary Authority of Singapore (MAS) earlier this month
Alibaba Vice-Chairman Admits He Likes Crypto
Joe Tsai, the Executive Vice-Chairman of Chinese conglomerate Alibaba Group has expressed his likeness for digital currencies in a tweet in which he professed “I like crypto.”
Alibaba Launches NFT Marketplace for Copyright Trading
Alibaba has launched a new marketplace for trading copyright licenses.
Alibaba's Largest E-commerce Platform Taobao Firstly Presents NFT Artworks in Festival Week
China's largest e-commerce website, Taobao, a subsidiary of Alibaba Group, exhibited artworks in the form of NFT for the first time in the recent Shanghai Taobao Maker Festival.
China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.
Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready
On Oct. 30, Ant Group and China's Shanghai Stock Exchange announced that the subscription amount for Ant Group's IPO now exceeds 19.05 trillion RMB ($3 trillion US dollars).
Alibaba Founder Jack Ma Criticizes Current Financial Regulations
Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.
Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure
Recently, Ant Group Chairman Eric Jing spoke about the future of financial infrastructure, and that blockchain will become a new standard.
