Alibaba enters robotaxi market with investment in Ant Group-backed Hello
Alibaba Group Holding has jumped into the burgeoning robotaxi market - which is a promising and profitable area for artificial intelligence applications - by investing in Hello, a ride-hailing business backed by its fintech affiliate Ant Group. Hello said on Wednesday that it had received "a strategic investment" from Alibaba to cooperate in areas such as algorithm platforms and smart driving large language models with the goal of achieving "commercialisation" and "scaled operations" of robotaxi fleets. H ...