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AI & Enterprise
Alibaba\'s AI and semiconductor bets pay off, from CXMT to Zhipu AI
Alibaba Group Holding is posting large unrealised gains from investments in Chinese memory chipmaker CXMT and generative AI startups, after shifting away from large retail takeovers. It holds about 5 percent of CXMT, valued at more than 140 billion yuan, after investing about 7.6 billion yuan since 2021. Alibaba has also backed Zhipu AI and other Chinese AI startups, while continuing investments in semiconductors, data centres and robotics.
AI & Enterprise
China\'s ShengShu raises $290 million led by Alibaba to speed world model development
Alibaba Cloud led a $290 million Series B funding round for ShengShu, the developer of the AI video generation tool Vidu, CNBC reported on Thursday. TAL Education and Baidu Ventures also participated. The funding highlights bets on developing world models based on video and physical scenarios. ShengShu said it will use the money to build a general-purpose world model linking digital worlds with physical worlds such as autonomous driving and robotics.
AI & Enterprise
Mobile OS war, not search, reshapes global B2C genAI app landscape
Andreessen Horowitz (a16z) released a Top 100 Gen AI Consumer Apps series based on January web and mobile metrics, expanding coverage to services adding generative AI such as CapCut, Canva and Notion. ChatGPT remains No.1 but competition is intensifying, with growing multi-tenant use alongside Google’s Gemini and Anthropic’s Claude. The data also show distinct regional ecosystems and shifts in creative tools from image generation toward video, music and voice products.