Alibaba enters the AI race as Meta wants to bring its model to 1bn users | MarketTalk: What’s up today? | Swissquote
Three of the Magnificent 7 companies – and ASML – released their Q4 earnings yesterday and the numbers were ... mixed but hinted at strong AI spending and increased competition with Meta aiming to bring its AI model to a bullion users this year.
In China, Alibaba stepped out of the darkness saying that it’s AI model is the greatest of the world and is performing better than Meta and DeepSeek. A giant like Alibaba should be taken as a bigger threat than DeepSeek as the company can back it up with real-world applications and wide adoption.
Zooming out, the...