Hong Kong's Hang Seng Index fell 2.3% on Friday, heading for a 5.8% weekly loss, its worst in over a year, as a renewed sell-off in technology stocks gripped Asian markets. The decline was exacerbated…
Alibaba Group slashed prices for its Qwen AI models by up to 80% on its Qoder coding platform, targeting US workday hours to attract global developers amid fierce competition with US and Chinese rival…
Alibaba Group chairman Joe Tsai announced at the VivaTech conference in Paris that the company is 'all in' on AI, pursuing a full-stack strategy spanning chips, cloud infrastructure, foundation models…
Alibaba Cloud launched its first data centres in France on Wednesday, expanding its European footprint amid growing demand for data sovereignty. The move responds to increased customer demand and alig…
ByteDance and Tencent have slashed AI model prices, joining a deepening price war in China's AI sector as falling costs and narrowing capability gaps intensify competition. ByteDance's Seedance 2.0 Mi…
Alibaba Group launched its first suite of AI models for robots, the Qwen Robot Suite, developed by Tongyi Lab. The suite includes three models for navigation, world simulation, and manipulation, and h…