After Jack Ma’s holographic appearance at an AI conference, shares of this Chinese company soared

  • “At this year’s World Artificial Intelligence Conference (WAIC) in Shanghai, Alibaba Group Holding founder Jack Ma spoke on stage at the opening ceremony. But not in person – he appeared as a holographic projection at the event on July 9, which took place mostly online amid the coronavirus pandemic.
  • The global AR market is projected to grow nearly 70 per cent annually to reach 287 billion yuan (US$41 billion) by 2024, according to Qianzhan Industry Research Institute. Chinese tech giants including Tencent Holdings, SenseTime and Alibaba are among those developing products in the sector.”

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