Alibaba funds another AI startup valued at $2.5b

Alibaba funds another AI startup valued at $2.5b

Tech in Asia·2024-03-05 20:00

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Investments in AI have been mounting, and Alibaba has been quick to the jump to become one of China’s dominant forces in the space. In its latest move, the ecommerce major led an over US$600 million funding round for Chinese startup MiniMax.

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