Chinese companies $Alibaba(BAB

Chinese companies $Alibaba(BABA)$, $Baidu(BIDU)$ and $TENCENT(00700)$ delivered impressive performance this year, outpacing the broader U.S. market. Looks like the Chinese tech titans are winning over the U.S. in the AI race. It is the competitive China’s internal internet sector that shape the Chinese tech giants’ ability to triumph in the global market. Tencent is presently leading over Alibaba. Tencent’s “pragmatic AI” strategy of enhancing existing revenue lines will outperform Alibaba’s heavy AI infrastructure bets in the next 2–3 years. In fact Tencent is poised for better long term growth with its heavy AI investment which creates better value for users and society, while generating substantial financial returns for the company. Thanks @Tiger_comments @icycrystal @1PC

Apple and Alibaba’s AI Deal Under Fire: Will Alibaba Pay the Price?

Over the past few months, U.S. White House and congressional officials have been reviewing Apple’s AI partnership with Alibaba, as Apple plans to bring its Apple Intelligence to China, with Alibaba being one of its key partners. ------------------ Will this scrutiny hinder the launch of Apple AI in China? If so, will iPhone sales in China continue to struggle this year? And could Alibaba’s stock drop to $110 as a result?

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