JD.com, Inc. (NASDAQ:JD) is one of the Cheap NASDAQ Stocks to Buy Now. On December 3, JD.com, Inc.’s (NASDAQ:JD) subsidiary JD Cloud announced the launch of an AIGC content generation platform, called JD Cloud Lingjing.
The platform is an enterprise-level one-stop AIGC platform that has all the latest services from models, including Vidu, Paiwo AI, Hailuo AI, and Keling AI, integrated within a single platform. Management noted that as a result of these integrations, the platform will allow users to access all capabilities, including text-to-image, image-to-image, text-to-video, and image-to-video. Moreover, users will also have the leverage to choose between different models for content creation to achieve effective collaborative creation.
In other news, on November 26, the company’s infrastructure investment and management platform called JINGDONG Property announced signing a MoU with Saudia’s MODON. The MoU entails JD.com, Inc.’s (NASDAQ:JD) partnership with MODON to develop and operate two million square meters of industrial and logistic projects across the industrial cities. Management noted that this collaboration is an important step that aligns with the company’s investment and expansion plan in the region. The MoU was signed at the UNIDO General Conference (UNIDO GC21) in Riyadh.
JD.com, Inc. (NASDAQ:JD) is an e-commerce company that focuses on online retail and marketplace services. It allows users to sell and purchase a wide range of products from technology equipment to day-to-day products.
While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.