Alibaba sees AI talent depart to start own business amid China’s unicorn boom

Quick Summary:

Despite the departure, Alibaba has emerged as one of the most prolific investors in mainland China’s growing artificial intelligence start-up sector.

Yang Hongxia, who was involved in LLM research and development at ByteDance, recently left the company to pursue her own AI projects, according to a report by 36Kr in May.

The company has backed all of the new AI tigers, including Beijing-based Baichuan, Moonshot AI and Zhipu AI, as well as Shanghai-based MiniMax, according to start-up data service ITJuzi.com.

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Article Details

Author / Journalist: Ann Cao

Category: Business

Markets: Hong KongChina

Topics: According Cloud Intelligence Zhou Start-up Artificial Chinese Start China’s Media Alibaba

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 08:00:13 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © SCMP

News ID: 21678785

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