Alibaba Group’s Post

Boost Your Business with Alibaba.com! 🚀 Join millions of small businesses growing globally with Alibaba.com. Learn how our AI-driven platform can expand your reach and drive success in the MSME Day Report: https://lnkd.in/gYVswUUn #SmallBusiness #GlobalGrowth #Alibaba

It is fascinating how a company's priorities are translated into different priorities at different levels, and how a company determines its priorities (Q1, Q2). More often than not, the result is extremely concise, but the process is very complex. Q1: "CEO Eddie Wu, speaking in his capacity as Alibaba chief for the first time since he took over the reins in September, laid out three directions for Alibaba, stating that technology-driven internet platform businesses, AI-driven technology businesses and a global commerce network were the company’s key priorities." Q2: "'As the penetration rate of Internet users reaches a ceiling, the driver of growth in this sector will be technology, especially AI,' Wu said."

Foreign investors sold over 21,000 shares of popular AI stock, Gigabyte, for eight consecutive trading days. In total, foreign capital sold over 5.78 billion yuan worth of stocks in Taiwan last week. The top selling stocks were EVA Air and China Airlines. Despite the selling pressure from foreign investors, local investors continued to support Taiwan stocks, buying over 12.922 billion yuan worth of stocks last week. #AI #Taiwan https://lnkd.in/gW5vQgnQ

The more I explore about crazy dynamics, vendors, services and challenges in the AI industry, the more I feel for the IT and Procurement leaders at Enterprise level, who are supposed to buy and maintain an ecosystem that is AI friendly, secure, performant and cost efficient. Many of them, with no extra budgets...

NVDIA stock has almost 260% increase in revenue. The stock price almost is at peak this quarter. Primarily, looking at the stock - major investment stakes for tenders are Amazon, Microsoft, Meta and Google upto 40% in NVDIA chip demand tenders. Due to recent surged demand of AI Graphic Chip for recent advancements of the company, MAAG have been the major clients over rest of other companies in NVDIA. But the point is, the companies are creating their very own AI silicon chip units for captivating the surged demand of AI chip. For sure, once they mitigate the AI chip demand on their own - the MAAG being major stake is going to pull off their holdings once their units are setup maybe showing further correction in more stock price correction for NVDIA. Meanwhile, NVDIA being one fo the most important stock in recent times as per Goldman Sachs then it would be interesting to watch out how NVDIA earnings would be in near future ! #nvdia #aichip #finance #riskmanagement #maang

Teneo is proud to support the U.S. Chamber of Commerce’s Chamber Technology Engagement Center (C_TEC) report on empowering small business. This year’s report, titled “The Impact of Technology on U.S. Small Business,” is an enlightening read on small business’ usage of various technology platforms, business owners’ views on the future and #AI.  #SmallBusiness #TechnologyPlatforms 

🚀 Exciting Times Ahead in Procuretech! 🚀 At Zip, our product team is constantly innovating to reshape the industry landscape. A huge shoutout to Gabe Novais and our entire team for unveiling our game-changing intake-to-pay platform over the past couple of years. But that's not all! 🌟 Thanks to Advait Chauhan and his team, we're thrilled to introduce Zip AI, our state-of-the-art embedded generative AI tool. This tool elevates the entire procurement process and transforms the journey for requesters, finance, legal, security, procurement leaders, and cross-functional approvers, giving more power to buyers. Witness the fusion of Intake to Pay with Zip AI embedded into our platform. We are on the brink of a new era in the Procuretech arena! Beau Hershberger and I are excited to share more at Money 2020, taking place from October 22-25th in Las Vegas. If you're in the area, join us to learn more about the AI-driven revolution we're leading! (Details in the comments) #GenAI #AIRevolution #procuretech #automation #fintech #FutureIsNow

💻 Tech Integration Insight with Troy Bertram from Google Public Sector Discover how AI and advanced tech can blend with legacy systems in federal agencies. Troy Bertram emphasizes collaboration and innovative procurement like pilots and proofs-of-concept to accelerate digital transformation. Watch the Interview: https://lnkd.in/e62_rTJF 💡 Key Points: ▪️ Collaboration: Key for smooth tech integration. ▪️ Innovative Procurement: Speeds up adoption. ▪️ Secure Platforms: Essential for success. Presented by Google Public Sector & Carahsoft

Amazing offering from INXEPTION! A B2B marketplace for AI Hardware. The Inxeption industrial-commerce marketplace gives users a streamlined buying process, trusted suppliers on a collaborative platform. If you're looking to buy some AI hardware to feed your AI need, please check it out! #ai #b2becommerce #b2b #aihardware #marketplace #b2bmarketplace

𝗧𝗵𝗲 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝗡𝗲𝘄𝘀 𝟮𝟬𝟮𝟰 Decoding the News: Key Insights from the News Article ⬇ Below are the links to the respective news articles: 1. How Amazon Air is Expanding its Supply Chain Fleet https://lnkd.in/gFBRh9PT 2. How Companies are Using AI to Navigate the ‘Polycrisis’ https://lnkd.in/gY3E2_aY 3. How ePLDT is raising bar on procurement in the Philippines https://lnkd.in/g2FZxDkR 4. Auto Parts Makers Receive $100 Million to Help Ease Switch to Electric https://lnkd.in/gZb7Sg_w Stay tuned for the next procurement News. Comment with your thoughts below. #procurement #procurementprofessionals #procurementleaders #newsupdate