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Alibaba to spend $431 million for Lunar New Year AI push as chatbot war heats up

Alibaba to spend $431 million for Lunar New Year AI push as chatbot war heats up

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Alibaba said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar New Year holiday, heating up a race between China’s largest tech firms.

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