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(FILES) The logo of Alibaba is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. Shares in Chinese e-commerce giant Alibaba plummeted on November 16, 2023, after the company said it would cancel the spinoff of its cloud computing arm because of US curbs on exports of advanced chips. Alibaba shares were down eight percent in late morning trade on Wall Street. The company had planned to split the group into six distinct entities, with the intention of taking them public. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images)
Alibaba exec moves to quell staff concern over Jack Ma share sale with internal post
Reuters - Wed Nov 22, 2023
Reuters
Wed Nov 22, 2023
Investors wiped some $20 billion off Alibaba’s market value last Friday after the company abruptly scrapped plans to spin off its cloud and groceries businesses
FILE PHOTO: Shopping trolley is seen in front of Alibaba logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
China’s Alibaba says Daniel Zhang quits cloud business in surprise move
SYNDTGAM - Sun Sep 10, 2023
SYNDTGAM
Sun Sep 10, 2023
Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit
The logo of Alibaba is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images)
China’s Alibaba and Huawei add products to AI frenzy
- Fri Jul 7, 2023
Fri Jul 7, 2023
Chinese tech companies are aggressively developing AI products after the ChatGPT chatbot by OpenAI ignited a generative AI boom
FILE PHOTO: The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo
Alibaba misses revenue estimate, approves cloud unit spinoff
- Thu May 18, 2023
Thu May 18, 2023
The company has been struggling to attract new users as China’s e-commerce sector matures and it grapples with inroads made by new competitors
FILE PHOTO: FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter/File Photo/File Photo
Alibaba to roll out generative AI across apps, Beijing flags new rules
- Tue Apr 11, 2023
Tue Apr 11, 2023
The unveiling was swiftly followed by the government’s publication of draft rules outlining how generative AI services should be managed

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