Alibaba Looks To Cut Intelligence R&D Costs Of SMEs By 50% With Latest Move

Anusuya Lahiri

Thu, Jul 21, 2022, 7:52 AM1 min read

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At the AIoT-Partnership Conference on July 20, Alibaba Group Holding Limited (NYSE: BABA) disclosed the Intelligence Connectivity strategy to explore more consumer-oriented artificial intelligence forms, Pandaily reports.
Alibaba has invested more than 100 billion yuan ($14.8 billion) in technological R&D annually, including AI, over the last four years.
Alibaba Cloud and intelligent information services like the DAMO Academy, Quark, and UC also researched cutting-edge AI technologies.
Also Read: Here’s How Alibaba Looks To Aid In Digital Transformation Of Enterprises
Alibaba’s interactive system AliGenie introduced the AI experience through Tmall Genie (a smart speaker), consumer appliances, smart vehicle consoles, and smart home appliances.
AliGenie has accessed 40 million households, 1,000 IoT platforms, and 460 million devices.
Tmall Genie has tried to export technologies of Alibaba Cloud and DAMO Academy since 2019. The DAMO Academy is amid intense restructuring.
Alibaba’s efforts strive to reduce the intelligent R&D costs of small and medium-sized enterprises by more than 50%.
Alibaba had offered a peek at its in-house silicon at its annual summit.
Alibaba has deployed the data processing units (DPUs) in some of the Chinese giant’s data centers.
Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google cloud unit formed a team to tap the budding crypto market to win market share in cloud infrastructure from Alibaba, Amazon.com, Inc (NASDAQ: AMZN), and Microsoft Corp (NASDAQ: MSFT).
Photo by Fooksou Lamimo via Wikimedia

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Alibaba Looks To Cut Intelligence R&D Costs Of SMEs By 50% With Latest Move

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