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Chatter: Alibaba Chair Praises Open Source AI","url":"https://stock-news.laohu8.com/highlight/detail?id=2512906259","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512906259?lang=en_us&edition=fundamental","pubTime":"2025-02-17 14:45","pubTimestamp":1739774731,"startTime":"0","endTime":"0","summary":"Alibaba Group  Chair Joe Tsai said open-source artificial intelligence initiatives like DeepSeek were valuable and credited them for making advanced AI more accessible and affordable, YiCai Global reported Feb. 14.Tsai criticized closed-source AI systems, saying their value is diminishing, according to the report.The executive also confirmed Alibaba's partnership with Apple to develop AI features for iPhones in China, YiCai Global 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Set to Step Up AI Investments Amid DeepSeek's Emergence -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2512399058","media":"Dow Jones","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512399058?lang=en_us&edition=fundamental","pubTime":"2025-02-17 14:43","pubTimestamp":1739774580,"startTime":"0","endTime":"0","summary":"0642 GMT - Alibaba is likely to step up investments to capture the trend of using artificial intelligence in cloud services, and to maintain its market leadership, BofA Securities analysts write in a note. The company has emphasized, following a recent restructuring, that its two core businesses are its e-commerce and cloud intelligence groups, they add. Investments in building AI infrastructure services could optimize operational efficiency, they say. The DeepSeek phenomenon should strengthen Alibaba's commitments in cloud and AI investments and could boost its cloud revenue and profits for both the short and long term, they say. 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