Alibaba ‘plans $3.2bn raise’ to strengthen cloud computing
Alibaba is reportedly planning to raise $3.2 billion through the sale of a zero-coupon convertible bond as it…
Alibaba holds wide lead over rivals ByteDance, Huawei, Tencent in China’s AI cloud market
Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first…
Alibaba releases biggest AI model to date to rival OpenAI and Google DeepMind
Alibaba Group Holding continues to scale up its artificial intelligence efforts with the release of its biggest AI…
Alibaba results likely to show limited AI payoff for China tech
By Liam Mo and Brenda Goh BEIJING (Reuters) -China’s Alibaba (BABA) is likely to highlight its artificial intelligence…
Alibaba’s AI coding model Qwen 3 Coder soars in popularity, challenging Claude Sonnet 4
Alibaba Group Holding’s artificial intelligence coding model Qwen 3 Coder has been gaining popularity globally amid intensified competition…
AlipayHK extends fee waivers for Hong Kong cabbies amid e-payment reluctance
E-payment service provider AlipayHK will continue to waive fees for Hong Kong taxi drivers to encourage them to…
Meta changes course on open-source AI as China pushes ahead with advanced models
Facebook parent Meta Platforms, a major proponent of open-source artificial intelligence (AI) models with its Llama family, has…
Palantir (PLTR) vs. Alibaba (BABA)
If a five-year look at history is any guide, there’s no contest in deciding between investing in Palantir…
How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley
July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence community. On that…
Why Wall Street Is Betting on Alibaba Stock Gaining 70% From Here
Buy and sell indicators for trade on the chart by Anekcen Eeno3epcknn via iStock After a strong start…