China's Ministry of Commerce on Wednesday rejected US allegations that six Chinese companies, including DeepSeek and Alibaba Group Holding, conducted "aggressive, malicious and targeted" distillation …
Alibaba Group Holding launched the latest version of its QoderWake tool on Tuesday, enabling users to create AI-powered 'digital employees' that can operate within rival workplace platforms ByteDance'…
Tencent Holdings' Hy4 preview model scored 64.3 on the DeepSWE benchmark, surpassing Alibaba's Qwen-3.8 Max at 56.6 and DeepSeek-V4 Pro at 62.7, and ranked eighth globally on Code Arena's WebDev leade…
Chinese AI companies, including Alibaba Group Holding, MiniMax, and ByteDance, dominate the AI video generation market, occupying eight of the top 10 positions on Artificial Analysis' text-to-video le…
Alibaba Group Holding has launched its first data centres in South America, opening two facilities in Brazil to offer local enterprises cloud infrastructure and agentic AI services. The Hangzhou-based…
Alibaba Group Holding founder Jack Ma has bought more than HK$600 million worth of the company's Hong Kong-listed shares on consecutive days, signalling confidence in the firm's AI ambitions, accordin…
Xpeng's robotics unit Dogotix raised US$900 million in a funding round that valued it at US$6.3 billion, with backers including Alibaba Group Holding, Tencent Holdings, IDG Capital, and Gaorong Ventur…
SoftBank Group plans a record ¥1 trillion (US$6.3 billion) retail bond sale in Japan, the largest by any issuer in the country, to fund its investment commitments to OpenAI. The seven-year bonds, expe…
Ministers across the Asia-Pacific Economic Cooperation forum issued a statement supporting open-source AI models at a recent digital technology and AI forum in Chengdu, reflecting a regional shift tow…
Alibaba Group Holding will issue HK$80 billion in new shares and use the entire proceeds to invest in AI, aiming to extend its global AI leadership, the Chinese tech giant said on Sunday. The funds wi…
Alibaba Group Holding is expected to accelerate cloud growth, expand operating margins, and achieve faster payback on AI investments, according to analysts, as the company reaches the halfway mark of …
Alibaba Group Holding reported a 9% jump in revenue to nearly 269 billion yuan (US$40 billion) for the quarter ended June, driven by demand for its cloud computing from China's AI boom, but net income…
Alibaba Group Holding reported a 45% revenue growth for its cloud and AI division in the June quarter, driving adjusted profit to 27.3 billion yuan ($4 billion), beating expectations. The AI Cloud and…
Chinese AI video-generation models now dominate the global leaderboard, occupying nine of the top 10 text-to-video systems on Artificial Analysis, with ByteDance, MiniMax Group, Alibaba Group Holding,…
Billionaire investors Stanley Druckenmiller and David Tepper reshuffled their Chinese technology stock holdings in the second quarter, with Druckenmiller's Duquesne Family Office buying 88,200 Baidu A…
Global chip stocks lost about US$3 trillion in market value after Chinese AI models Kimi K3 by Moonshot AI and Qwen3.8-Max by Alibaba Group Holding were released, despite unverified benchmarks, signal…
Alibaba Group Holding has agreed to sell its wholly owned gaming business Lingxi Games to Trustar Capital, the private equity arm of Citic Capital, as the Chinese tech giant sharpens its focus on e-co…
CXMT, a memory chipmaker central to China's AI infrastructure, overtook Tencent Holdings on Aug 13 to become China's most valuable company with a market capitalization exceeding half a trillion dollar…
Alibaba Group Holding is selling its gaming arm, Lingxi Games, to Asian private equity firm Trustar Capital in a deal worth at least US$1.5 billion, according to an internal memo reviewed by Bloomberg…
Alibaba Group Holding's open-weight Qwen AI models have surpassed 3 billion global downloads in the past six months, making them the world's most-downloaded AI models, according to a Hugging Face repo…