Search Results for e-commerce

Sea Ltd. launches AI investment team to drive growth beyond e-commerce

Singapore-based Sea Ltd. has established a new team focused on identifying investment opportunities in artificial intelligence. This initiative is part of the company's strategic pivot towards technology, seeking to find its next major growth driver beyond its traditional e-commerce business. The move highlights the increasing importance of AI as a key area for investment in the tech landscape.

Amazon introduces AI audio Q&A feature for enhanced shopping

Amazon has unveiled its 'Join the chat' feature, allowing customers to ask questions about products and receive answers in audio format powered by AI. This innovation aims to improve the shopping experience by providing quick and interactive support directly on product pages. The move reflects Amazon's ongoing commitment to integrating advanced technology into e-commerce to better assist shoppers.

Alibaba’s AI potential remains undervalued, says First Eagle Fund manager

The manager of First Eagle Fund, a $17 billion investment fund, claims that Alibaba's current share price reflects only its e-commerce operations, overlooking significant AI growth opportunities. This assessment suggests that investors are missing out on the potential upside of Alibaba's artificial intelligence initiatives. As AI technology continues to evolve, the manager views the underestimation of Alibaba's AI business as a 'free call option' for investors.