Alibaba refers to the Alibaba Group, a multinational conglomerate founded by Jack Ma in 1999, primarily known for its e-commerce platforms. It operates several businesses, including Alibaba.com, a global wholesale marketplace; Taobao, a consumer-to-consumer (C2C) platform; and Tmall, a business-to-consumer (B2C) platform. The company facilitates online sales and transactions between businesses and consumers, making it a key player in the digital economy, especially in China. Additionally, Alibaba extends its operations to cloud computing, digital entertainment, and financial services through its affiliate, Ant Group. The name “Alibaba” is inspired by the character from the folk tale “Ali Baba and the Forty Thieves,” symbolizing a gateway to treasure and commerce.
Alibaba Cloud has launched a powerful new AI model, Qwen2.5-Max, outperforming competitors like DeepSeek. DeepSeek gained attention for its efficient and affordable AI solutions but now faces tough competition. The…