Tag: Jack Ma

Here you will find all the articles with the tag: Jack Ma.

Alibaba founder Jack Ma will cede control of Ant Group

Alibaba founder Jack Ma will cede control of Ant Group

The move aims to keep Ma from being targeted by the government in Beijing. In a filing this week, Alibaba announced that Ma “intends to reduce and thereafter limit his direct and indirect economic interest in Ant Group over time” to a percentage that does not exceed 8.8 percent. Ma currently... Read more

date8 months ago
Alibaba will produce its own AI chips

Alibaba will produce its own AI chips

Alibaba plans to create hardware as well. In order to do so, it is working on a subsidiary that is engaged in the manufacture of chips. The aim is to launch an AI chip in the second half of 2019 that can be used in autonomous vehicles, smart cities and the logistics sector. Last Wednesday, the Chine... Read more

date4 years ago

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