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Jack Ma-backed Ant Group touts AI breakthrough using Chinese chips
These chips are from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co.

Alibaba plans to invest $53 billion on AI infrastructure over next three years
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

China's Xi Jinping holds ‘rare meet’ with Jack Ma, other business leaders
Xi Jinping urged business leaders to "show their talent" and be confident in the power of China's model and market.

Chinese firms and their founders at Xi's symposium
CHINA-TECH/ (FACTBOX):FACTBOX-Chinese firms and their founders at Xi's symposium

What's the significance of Xi's meeting with private enterprises?
CHINA-TECH/XI (QUOTES):QUOTES-What's the significance of Xi's meeting with private enterprises?
