Thursday, June 13, 2024

Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023 (Xinyi Luo/Bloomberg)

Xinyi Luo / Bloomberg:
Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023  —  Founded by Jack Ma, Ant has been developing technology including its large language model BaiLing, which won approval …



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A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global investment group and is criticized for high-risk investments (Lionel Barber/Financial Times)

Lionel Barber / Financial Times : A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global...