Alibaba to invest $1.4 billion in artificial intelligence system for smart speakers
SHANGHAI: Alibaba Group Holding Ltd will invest 10 billion yuan ($1.41 billion) into an AI (artificial intelligence) and IoT (Internet of Things) system centered around its Tmall Genie smart speaker, the company announced on Wednesday. The announcement comes as the e-commerce giant continues its push into new technologies and business sectors beyond online shopping. The […]