“The growth rate, water and nutrition content of each lettuce can be monitored in real-time, making it possible to carry out customised management of each farm. Min said the AI brain helped Haofeng cut its water and fertiliser use by 10 per cent, saving the company 15 million yuan (US$2.1 million) per year.” https://www.google.com/amp/s/amp.scmp.com/tech/tech-leaders-and-founders/article/3042293/after-15-year-career-tech-giants-ibm-and-alibaba Min…
Tag: Alibaba
China’s Alibaba, JD report booming Singles Day sales
“Chinese e-commerce giants Alibaba and JD.com reported nearly $60 billion in sales Monday part way through Singles Day Alibaba said sales by merchants on its platforms totaled 221.6 billion yuan ($31.7 billion) by 6 p.m., passing last year’s total of $30.8 billion. Online sales of goods rose 16.8% over a year earlier in the first…
Alibaba’s AI Deters 300 Million Hacking Attempts
“Alibaba’s founder and former CEO Jack Ma said the company’s payments arm, Alipay, faces over 300 million hacking attacks every day, but it hasn’t suffered any problem. Alipay has one billion users and handles $50 billion worth of transactions every day and thus a target of cybercriminals.” https://esellercafe.com/alibabas-ai-deters-300-million-hacking-attempts/
It’s Time for Alibaba to Slay the Monster Jack Ma Created
“The Nov. 11 annual event, which has been going for a decade, started as a marketing gimmick for an upstart e-commerce company looking to draw a crowd. And it did. GMV (gross merchandise value) grew more than 4,000 times between 2009 and 2018, hitting $30.8 billion last year Alibaba doesn’t want to be just an…
Alibaba has a new AI chip for its ecommerce platform
“Alibaba Group Holding has revealed its own home-grown high-performance AI inference chip, a neural processing unit (NPU) named Hanguang 800, as it pushes further into the field of artificial intelligence and seeks to make its ecommerce platform more efficient.” https://www.abacusnews.com/tech/alibaba-has-new-ai-chip-its-ecommerce-platform/article/3030325