Alibaba Group Holding’s cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial intelligence (AI) models, a sign of consolidation in an increasingly crowded market on the mainland.Alibaba Cloud announced on Thursday it had reached a deal with Beijing-based 01.AI, founded by former Google China head Lee Kai-fu, to set up an “industrial large model laboratory”.The lab will combine the research and development capabilities of the two teams to explore technology a...