12 May 2024

Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (Financial Times)

Financial Times:
Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI  —  Ecommerce giant offers computing resources to fast-growing start-ups in exchange for equity  —  Alibaba has been leveraging …

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