Ecommerce titan Alibaba on Nov 16 became the latest Chinese firm to admit to feeling the bite of US sanctions, as it abandoned a plan to spin off its multi-billion-dollar cloud computing arm. — AFP
SHANGHAI: US restrictions on advanced computer chips are forcing China’s tech giants to rethink their ambitious AI-powered projects, analysts say.
Ecommerce titan Alibaba on Nov 16 became the latest Chinese firm to admit to feeling the bite of US sanctions, as it abandoned a plan to spin off its multi-billion-dollar cloud computing arm.
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