Page 2 - Alibaba

Jack Ma returns to 'Make Alibaba Great Again' with AI push, subsidy war

Once China's wealthiest and most prominent tech leader, Ma's comeback has long been awaited as a signal that the country's previously freewheeling tech sector is returning to favour in Beijing

Alibaba gains $50 billion value after AI progress fuels market rally

China's e-commerce leader posted a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26 per cent jump in sales from the cloud division

Alibaba develops new AI chip as China seeks to cut reliance on Nvidia

The new chip, still under testing, has been manufactured in China, unlike Alibaba's earlier version, which was fabricated by TSMC

China's Ant Group plans exit from Paytm with ₹3,800 cr share sale: Report

China's Ant Group to fully exit Paytm with ₹3,800 cr stake sale at ₹1,020 per share, following earlier exits by SoftBank and Berkshire Hathaway

Alibaba launches Qwen3 AI, claims it's better than DeepSeek R1: Details

What is the Qwen3 AI model introduced by Alibaba, and how does it compare to its AI rivals?

China's ecommerce giants rally to shield economy from Trump tariff impact

If Trump's tariffs persist, they could severely impact business models of Temu, Shein, Alibaba's global units, and thousands of small Chinese exporters reliant on the US market

DeepSeek demand shrinking: Baidu founder notes shift away from text-only AI

Chinese tech major Baidu launched Ernie 4.5 Turbo and X1 Turbo, which feature multimodal capabilities including text, image, audio and video

Alibaba's Jack Ma wants AI to serve, not replace or rule over humans

The Chinese billionaire, who once likened AI to love, argued that the technology should be tailored to serve people and make their lives better

Princeling under scanner: Why is China probing a former vice-premier's son?

Liu Tainran, son of former vice-premier Liu He, is being investigated by Chinese authorities over alleged financial misconduct linked to the Ant Group IPO collapse

Alibaba unveils new AI model in Qwen series for multimodal processing

Alibaba said in a statement that its new Qwen2.5-Omni-7B system demonstrated particularly high performance in speech understanding and generation

Alibaba unveils AI-powered Quark app with advanced chatbot & planning tools

New Quark will be available to all users gradually, starting with a pilot launched on Thursday

Alibaba to release open-source version of video, image generating AI model

The release of the model comes as competition intensifies in China's AI market, following DeepSeek's launch of its latest open-source models last month

Alibaba joins global AI race, commits to $53 billion investment over 3 yrs

Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next generation of AI applications

Alibaba plans major AI investment as revenues rebound in third quarter

The company's revenue was 280.15 billion yuan ($38.58 billion) for the three months ended December 31, compared with 279.34 billion yuan expected by 17 analysts polled by LSEG

Alibaba unveils Qwen 2.5 AI model, claims it outperforms DeepSeek-V3

Qwen 2.5-Max outperforms almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said

TikTok, five other Chinese companies hit by EU privacy complaints

Noyb is known for filing complaints against American companies such as Apple, Alphabet and Meta , leading to several investigations and billions of dollars in fines

Companies that spent billions on M&A now selling at knockdown prices

Alibaba Group Holding Ltd. announced Tuesday it's going to sell Chinese department-store chain Intime to a local apparel group for $1 billion. The price is around 30% of the company's valuation

Alibaba to sell intime department stores for $1 billion amid restructuring

The deal comes as Alibaba looks to shift focus from its dominance in China's retail sector to its core e-commerce and cloud operations

Alibaba Group combines e-commerce arms to tackle growing competition

Alibaba split into six business units in 2023, in the biggest revamp of its 24-year history

China's Alibaba Group raises $5 billion in dual currency bond deal

The deal is the first time the company has tapped the dollar bond market since 2021, according to data compiled by LSEG, and also the largest corporate bond in Asia Pacific this year