Alibaba's affiliate, Ant Group outbids Citadel Securities for Credit Suisse's bank venture in China. Will the offer succeed?
Alibaba Group
The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google,Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. […]