Companies
Alibaba reports higher AI capital spending as quarterly net income falls
June-quarter capital expenditure rose 75% to RMB 67.68 billion while net income fell 76%, according to reported results.
The businesses turning research into products and platforms.
June-quarter capital expenditure rose 75% to RMB 67.68 billion while net income fell 76%, according to reported results.
A reported restructuring separates work-oriented and chat-oriented post-training teams.
Kuaishou's video-generation business grew more than 200% year over year, according to the financial report.
Banma describes a vehicle-agent roadmap combining on-device models, tools and cloud services; specific feature availability still depends on the automaker and software version.
Management says it aims to return ERNIE to the industry's top tier while continuing model investment.
A media account describes additional work on a model for China, without an announced launch date.