Alibaba

The new share placement comes as the Chinese company ratchets up quarterly capital spending to almost $10 billion, aiming to safeguard its position in a fiercely competitive global AI arena

Alibaba's capital expenditure rose 75% to 67.68 billion yuan in the quarter ‌ended June 30, as it continued to invest in AI infrastructure.

Alibaba is undergoing a broader corporate reorganization, divesting non-core assets while making AI and cloud computing a top strategic priority with the aim of reaching $100 bn in AI revenue in 5 yrs

Alibaba says its open-weight Qwen models have topped 3 billion downloads in six months, with more than 460 models and 300,000 derivatives as Chinese AI gains global traction

The AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support

The integration gives Mac users in mainland China access to Qwen-powered AI features for analysing documents and images and generating content

Alibaba plans to ask major commercial users of its upcoming Qwen open-source AI model to share revenue, mirroring rival Moonshot's licensing strategy as Chinese firms refine their monetisation models

A wave of advanced AI models from Alibaba, Moonshot, ByteDance, DeepSeek and Z.ai is rapidly closing the technology gap with US rivals while intensifying competition on price and performance

Qwen3.8-Max has 2.4 trillion parameters, the numerical settings ​a model learns from data and uses to recognise patterns, generate answers, and carry out tasks

The sudden retreat comes ahead of new Beijing regulations taking effect in mid-July to tighten oversight on humanlike AI services

Alibaba is facing pressure on two fronts in the US. The company has sued the Pentagon after being labelled a Chinese military-linked firm. At the same time, AI startup Anthropic has accused Alibaba

Anthropic's allegations against Alibaba have put AI distillation in focus. Here's how the technique works, why it's controversial, and why it has become a new AI battleground

Alibaba shares hit a 16-month low after Anthropic accused it of illicit AI model access, deepening concerns over China's AI ambitions and slowing growth

The AI startup told US officials that operators linked to Alibaba's Qwen lab used nearly 25,000 fraudulent accounts to access Claude's advanced capabilities

The Chinese tech giant Alibaba has sued the US Department of Defence, demanding that it be removed from the Pentagon's list of Chinese military companies that prohibits them from landing US defense contracts and carries reputational damage. In the petition filed this week in the San Jose division of the US District Court in the Northern District of California, Alibaba, which is publicly traded on the New York Stock Exchange, argued that the designation, announced on June 8, has "no basis in fact or law" and that the Pentagon failed to reach its conclusion through any fair process. It is the latest lawsuit by a Chinese company against the Pentagon over such national security labels. In 2021, with some in Washington seeing China as a growing military threat, Congress asked the department to create a list of Chinese companies directly controlled by the Chinese military and security forces, as well as those it believed had contributed to the country's defense industrial base. The curre

The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, electric car maker BYD and search engine Baidu, to its list of Chinese military companies, preventing them from getting US defense contracts. The list, updated and published Monday by the Pentagon, now sanctions well-known, non-state-owned Chinese companies that are not traditionally considered to be in the defense or security sector. It reflects growing wariness of Beijing's strategy of tapping the strength of non-state businesses for military purposes. Created in 2021 by a congressional mandate, the list seeks to identify Chinese companies that the Pentagon considers to have links to the Chinese military -- not only those directly controlled by the Chinese military and security forces but also those contributing to the country's defense industrial base. When updating the list last year, the Pentagon said the Chinese military sought to acquire advanced technologies and expertise developed by

Alibaba introduced the Zhenwu M890 AI processor and a new server platform as Chinese firms ramp up development of domestic AI computing infrastructure

Chinese AI startup DeepSeek eyes up to $50 billion valuation in its first external fundraising round

Alibaba's new Quark AI Glasses come in S1 and G1 models with bone-conduction audio, onboard cameras, Qwen AI integration, and a first-of-its-kind dual-battery system

The concerns are well founded in the context of larger general questions about the lack of killer AI apps and solid ways to achieve profitability