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Tech, Media & Telecom Roundup: Market Talk
The Wall Street Journal· 5 days agoChan says in a research note. GenAI and foundation models accounted for 6.9% of AI cloud revenue and have been a key revenue driver for Baidu in 1Q, the...
Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI, with 36% stake
South China Morning Post via Yahoo Finance· 18 hours agoAlibaba Group Holding has emerged as a major backer of Moonshot AI, one of China's hottest artificial intelligence (AI) start-ups, holding a 36 per cent stake in the firm, according to the e-commerce ...
Why David Tepper Is Selling the Magnificent 7 to Buy Alibaba
TheStreet.com· 4 days agoThe hedge fund manager's Appaloosa portfolio shows a rapid ramp up in Chinese shares, trusting the...