Alibaba.com targets 100% AI adoption by merchants in 2025 in global expansion drive
More than half of the roughly 200,000 merchants on Alibaba.com were already using its AI applications on a…
Shanghai-backed firm helps AI start-up Stepfun raise ‘hundreds of millions of dollars’
Fortera Capital, a private-equity firm under the Shanghai State-owned Capital Investment Co (SSCIC), led Stepfun’s recent series B…