Alibaba Group said its revenue grew just 2% in the quarter through December, as the Chinese e-commerce giant grappled with the country’s economic woes that were made worse by Beijing’s severe Covid-19 restrictions. Alibaba, whose sprawling business empire includes cloud computing and entertainment, said revenue from its core China commerce operations for consumers in the quarter declined 1%...
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Don’t Build the Wrong Kind of AI Business
At a catch-up coffee a few weeks ago, a founder friend asked me, “What AI thing should we build?” It was the third time that week a founder had asked me the same question. Generative artificial intelligence is 99% of the buzz in Silicon Valley right now. In just the last few weeks, Open AI released GPT-4, its most advanced language model to date; Google announced AI for the...
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