The two companies have showcased new products, including an AI image generator and an AI model upgrade.
Browsing: Alibaba
Alibaba’s cloud computing division will cut prices for its products and services by up to 50% starting on Wednesday.
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them.
Tencent Holdings founder Pony Ma and others from China’s crackdown-hit Internet sector will be absent from this year’s parliamentary sessions.
Promoted | Africa is building a globally competitive and relevant enterprise environment thanks to hyperscale innovation and evolution, says Julian Liebenberg, chief of Cloud Platforms at BCX.
Tencent shares have nearly doubled from a recent low on growing signs that China is preparing to end its crackdown on major tech firms.
Chinese technology shares advanced on Monday as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending.
Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown.
Investors have been spooked by new US export control measures aimed at slowing Beijing’s technological and military advances.
Telkom’s IT systems integration business, BCX, has signed a partnership agreement with Alibaba Cloud, the cloud services arm of Alibaba Group.