Chinese tech companies are gathering all sorts of resources and talent to narrow their gap with OpenAI, and experiences for researchers on both sides of the Pacific Ocean can be surprisingly similar. A recent X post from an Alibaba researcher offers a rare glimpse into the life of developing large language models at the ecommerce […]
Alibaba faces reckoning with once-vaunted ‘new retail’ strategy
In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term refers to the seamless integration of online and offline retail. Six years later, Alibaba is having a moment of reckoning with this strategy as it looks to offload some of its offline retail assets. On its recent […]