Welcome to Tech in Asia’s daily newsletter, your essential dose of Asia’s tech and startup buzz. Not yet a subscriber? Register here. Got a story tip? Send it to editors@techinasia.com.
In focus
- There’s more to Alibaba’s earnings report
- How China’s AI players do more with less
Hello reader,
Vibe coding is a relatively new concept. Vibe investing? That’s how it’s been done forever.
Stock market investing, specifically, is heavily influenced by vibes and by how investors feel about something, rather than cold, hard data. Today’s featured story is a prime example of why a stock ticker’s movements may not have a lot to do with company performance.
In this article, guest writer Jacob Cooke, co-founder and CEO of WPIC Marketing + Technologies, takes a closer look at Alibaba’s latest earnings results. Profit fell sharply while capital expenditures surged – combined, they put a dent in the Chinese firm’s value. But Cooke says that misses the point.
He then outlines how Alibaba’s performance shows how it is positioning itself to capture large swathes of China’s AI demand over the next few years. The secret? A full-stack approach.
Read on to find out more.
Also today, we dig into the archives to explore how Chinese AI firms do more with less capital than their US rivals.
Peter Cowan, engagement editor
Top Story
Alibaba’s AI capex spike isn’t the story investors think
Digital collage by Ulla, photos courtesy of Shutterstock
In AI, full stack means playing in every layer of the supply chain, including physical infrastructure like chips, cloud renting out compute to the models themselves, and apps that people actually use.
It’s still unclear which part of that supply chain will capture the most value, and Cooke argues that Alibaba’s investments up and down the board mean it stands to benefit from growing demand across every layer.
How AI is rewriting the travel journey
From our archives
Powering AI in Asia and beyond
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
