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CHINA UNICOM, BABA-W Seal Strategic Co-op Deal to Explore Deep Integration in AI Tech
CHINA UNICOM (00762.HK) and BABA-W (09988.HK)(BABA.US) held a strategic cooperation signing ceremony today (28th) in Hangzhou.Pursuant to the agreement, both parties will deepen co...
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CHINA UNICOM (00762.HK)  -0.010 (-0.115%)    Short selling $14.05M; Ratio 5.527%   and BABA-W (09988.HK)  +1.800 (+1.582%)    Short selling $1.21B; Ratio 12.683%   (BABA.US)      held a strategic cooperation signing ceremony today (28th) in Hangzhou.

Pursuant to the agreement, both parties will deepen collaboration in areas such as intelligent computing infrastructure, network intelligent operations, cloud marketplaces, AI smart terminals, and industrial intelligent upgrades.

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They aim to drive technical synergy and innovation between China Unicom’s "UniT2IXL" and Alibaba’s "Tongyi Qianwen" AI foundation models, jointly exploring the deep integration of AI technology across various industries.

Together, they will develop joint solutions for smart cities, smart cultural tourism, autonomous driving, and intelligent logistics.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-25 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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