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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Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscribers' video engagement (Jessica Testa/New York Times)

Jessica Testa / New York Times : Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator ...