Baichuan AI raised RMB5 billion in its Series A financing round, with investors including$BABA-SW(09988.HK)$,$TENCENT(00700.HK)$,$XIAOMI-W(01810.HK)$, and state-owned industrial investment funds like the Beijing and Shanghai Artificial Intelligence Industry Investment Funds. The company plans a Series B round with a valuation of RMB20 billion. Founded last year by Wang Xiaochuan, the creator of Sogo...
Alibaba Cloud announced its ongoing support for the Olympic Games' digital transformation, partnering with the International Olympic Committee (IOC) since 2017. This year, Alibaba Cloud will use AI technology to transform sports footage archiving and restore and colorize footage from the 1924 Paris Olympics. This initiative aims to allow viewers to fully experience and relive Olympic history. $ALIBABA GROUP HOLDING LTD(BABAF.US)$$Alibaba(BABA.US)$$BABA-SW(09988.HK)$
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