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Alibaba
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Ant Consolidates Alipay for the Agent Economy, Racing Visa, Mastercard and Coinbase to Define How AI Pays
Ant Group has merged its digital payments, Alipay and credit-scoring units into one business group, betting that AI agents will soon initiate a growing share of everyday transactions. That reorganization folds Ant’s most ambitious bet, the open-sourced Agentic Mobile Protocol, into one push: make Alipay’s rails the default route AIagents pay through. It’s the same…
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Apple Stops Renting China’s AI, Starts Building Its Own
Apple has trained its own AI model for the Chinese market, departing from its yearlong reliance on Alibaba’s Qwen alone, people familiar with the matter told Reuters. Apple has trained its own AI model for the Chinese market, departing from its yearlong reliance on Alibaba’s Qwen alone, people familiar with the matter told Reuters.
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From Chatbots to Robots: Three Storylines, One Shortage
Three separately reported milestones converged on China’s AI-hardware sector this month: a record-breaking robotics IPO, a memory chipmaker’s breakout into NAND’s global top three, and an open-sourced alternative to Nvidia’s software ecosystem.