TechFlow news, November 14 — According to CNBC, Alibaba's cross-border e-commerce division announced on Friday the launch of a new AI subscription service aimed at boosting revenue for the business. Zhang Kuo, President of Alibaba International, said in an interview with CNBC that the division is also planning to use stablecoin-like technology to facilitate global payments. Zhang added that this could include collaboration with banking partners such as JPMorgan.
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