BABAbenzinga

Alibaba Layoffs Hit Metaverse Division: Will The Chinese E-Commerce Giant Double-Down On AI?

Summary

Alibaba Group Holding Limited (NYSE:BABA) the Chinese e-commerce giant, has recently made significant cuts to its metaverse division, Yuanjing, as part of a broader trend of tech companies scaling back their investments in the once-hyped sector.

Original Article

Read the full article from the original source for complete details and context.

Read Full Article

Article published on November 4, 2024 by benzinga