Tag: Jack Ma

AI China Research

Alibaba Launches Chip Company “Ping-Tou-Ge”; Pledges Quantum Chip

Chinese Internet mogul Jack Ma has a flair for naming new businesses: Alibaba originates from a character made famous in the One Thousand and One Nights collection of Arabian folk tales; while the company’s R&D arm Damo Academy derives from the name of a Chinese Buddhist monk instrumental in the creation of Shaolin Kung Fu.

AI China

Alibaba’s Cainiao Flexes its Logistics Muscles at GSLS 2018

Cainiao, the logistics arm of leading Chinese e-commerce platform Alibaba Group, hosted the 2018 Global Smart Logistics Summit (GSLS) in Hangzhou on May 31st. Speaking at the event, Alibaba founder and executive chairman Jack Ma called for tens of billions of US dollars in investment to build a national internet-based intelligent logistics backbone in China.