Company allocates $431M for Qwen AI promotion during Lunar New Year, outspending Tencent and Baidu in chatbot competition.

(Yicai) Feb. 3 -- Alibaba Group Holding will follow other Chinese tech giants promoting their artificial intelligence ...

As the Lunar New Year holiday approaches, Chinese internet and tech giants are handing out enormous amounts of cash in the form of digital red envelopes to lure new users of their artificial ...

Alibaba plans 3 billion yuan Lunar New Year incentives for Qwen AI, intensifying competition with Tencent and Baidu.

Alibaba said on Monday it would spend three billion yuan to attract users to its Qwen AI app during the Lunar New Year ...

Red envelopes appearing during this time of year all around the world ...