Alibaba

Alibaba backtracks on autonomous driving R&D

Alibaba's DAMO Academy's autonomous driving lab will lay off about 70 percent of its staff, while others will be transferred to the e-commerce giant's logistics arm, according to l ...

Alibaba gets license for L4 self-driving truck road tests

Deqing in Zhejiang has become the first in China to issue a license allowing companies to conduct public road tests of L4 self-driving trucks without safety officers, with Alibaba ...

NIO-backed AR firm Nreal closes $60 million new funding round led by Alibaba

NIO announced the panoramic digital cockpit PanoCinema when it unveiled the ET5 sedan, and introduced the first AR device built jointly by it and Nreal. ...

Self-driving startup DeepRoute.ai closes $300 million in new funding led by Alibaba

DeepRoute.ai said it closed a $300 million Series B funding round led by Alibaba, making it the first such company in China that the e-commerce giant has invested in. ...

Alibaba invests in autonomous driving company DeepRoute.ai

Alibaba became the majority shareholder with a 19.68 percent stake, the information shows. ...

Alibaba increased its long position in XPeng HK shares by about 15%

On July 7, Alibaba increased its long position in XPeng Motors from 0% to 14.97%, according to a HKEx filing. ...

Alibaba says it's working on self-driving trucks

Chinese e-commerce giant Alibaba is working on self-driving trucks with its logistics subsidiary Cainiao, Cheng Li, the company's chief technology officer, said Thursday. ...

Alibaba, Xpeng's largest outside shareholder, holds 13.3% of stake

As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and Xpeng's filings with the US Securities an ...

Xpeng raises another $300 million in funding led by Alibaba

Less than half a month after raising $500 million in a Series C+ round, Chinese electric car company Xpeng Motors has raised another round of over $300 million in funding, accordin ...

Alibaba releases world's first autonomous driving simulation road test platform

Alibaba DAMO Academy today released the world's first autonomous driving "hybrid simulation test platform" which uses a combination of virtual and real simulation technol ...