"Ali Baby" supports the third emerging enterprise in artificial intelligence this year

Ali Baba Holding Group participated in a new $ 5 billion ($ 691 million) financing for the upcoming Chinese company “Baichuan”, which is the third major deal in the field of artificial intelligence, as the E -Commerce Company is looking for growth in areas outside its basic work. The value of “Baichuan” is currently 20 billion yuan, after a recent financing of the governments of Beijing, Shanghai and Churchin, according to a statement of the onset issued today. The current investors, which include the “Tinetnet Holdings” and “Chayome” businesses. ‘Bayesuan’ was founded in April 2023, a pioneering company in the field of obstetric intelligence in China, and was one of the first group of Chinese businesses to conquer the approval of the general inclusion of Beijing. The Beginning -Begin van Beijing has so far released 12 major language models and launched artificial intelligence assistant in May, according to the statement. Founder Wang Xiao Chuan, whose emerging company, “The Catebone”, told Bloomberg News last year that China needed years to keep up with the United States. Similarly, the two Chinese companies, the manavistan of “Bachuan”, “Minimax” and “Moonshot”, were a jump in their two billion dollars earlier this year after receiving support from “Ali baby”. A Wedding on Artificial Intelligence The E -Commerce giant joins its peers in the Silicon Valley, such as “Microsoft”, to place big bets on obstetrician artificial intelligence, which is the technology that runs the ‘CBT chat’. The ‘Baichuan’ agreement indicated that ‘Ali Baba’ is accelerating the pace of its technology investments, which has reinforced its technological and commercial leadership in recent years, and it has also helped to push the rise of brands such as ‘Didi Global’. The new president of Ali Baba, Joseph Tsay and Eddie Wu, who succeeded Daniel Zhang in 2023 and were previously drained in the conclusion of transactions, investigated options to recover the company that fell by two years of organizational audit. In addition to the investment in artificial intelligence, the company, which is also based in Hangzhou, operates in separate directions aimed at activating independent business lines from the cloud to logistics. “Ali Baba” tries to revive the cloud computer works and integrate artificial intelligence into his internal model, “Toni Keanwin” by expanding his works to expand to entertainment as well. Tsai said the cloud computing unit already offers half of the obstetric intelligence companies in China and serves about 80% of technology companies in the country. The increasing interests of Ali baby are compatible with artificial intelligence with the repeated promises of Chinese President Xi Jinping to mobilize the entire nation to reduce its dependence on Western technology. Artificial intelligence, which offers military and commercial applications, is a particular interest to both Beijing and Washington because of its potential manufacturing acid.