News - Page 78

XPeng and the Electric Surge: A Wild Ride Through the EV Market

XPeng and the Electric Surge: A Wild Ride Through the EV Market

XPeng Inc., a leading Chinese EV manufacturer, attracts significant institutional investments, including Optiver Holding B.V. acquiring 97,500 shares. TMT General Partner Ltd made a $205 million investment, while Avior Wealth Management LLC increased holdings by 1,215%, reflecting strong investor confidence. XPeng offers
30 April 2025
Alibaba’s Bold Gambit: $52 Billion Bet on the Future of AI

Alibaba’s Bold Gambit: $52 Billion Bet on the Future of AI

Alibaba launches a $52 billion investment into artificial intelligence, targeting artificial general intelligence (AGI). CEO Eddie Wu envisions AI transforming realities, evolving search, and content creation with advanced sophistication. Intense competition with OpenAI, Google, and Meta drives Alibaba’s ambitious pursuit of AGI.
24 February 2025
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