Tag: $Alibaba Group Holding Ltd.

Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different approach from chatbots such as OpenAI’s ChatGPT.

Alibaba and China Telecom are launching a data center in southern China powered by the e-commerce giant’s own chips, as the country ramps up its focus on homegrown AI infrastructure.

Chinese tech giant Alibaba on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue expectations.

Alibaba Group (9988) on Tuesday ​launched an artificial intelligence platform for enterprises targeting automation, intensifying ‌competition in China’s rapidly evolving AI agent market following the OpenClaw craze that has gripped the country’s tech sector.

Alibaba Group Holding Ltd. is setting up a business unit to bring its sprawling AI services and development endeavors under a single umbrella, signaling its determination to profit off artificial intelligence.

Alibaba Group Holding Ltd., the Chinese e-commerce player that has become a leader in artificial intelligence, is stepping up a push into software coding tools, offering low-cost access to several of the country’s top AI models.

Alibaba (BABA) has upgraded its flagship artificial-intelligence model. It’s another AI threat for software stocks, although corporate caution around using Chinese technology might limit the immediate risk.

China has given the green light to three of its largest tech companies to buy Nvidia’s (NVDA), opens new tab H200 artificial intelligence chips, four people familiar with the matter told Reuters, marking a shift in position as Beijing seeks to balance its AI needs against spurring domestic development.

Alibaba Group Holding Ltd. is preparing to list its chipmaking arm, tapping strong investor interest in the small circle of companies aspiring to compete with Nvidia Corp. in the hot AI accelerator business.

China’s fast-growing artificial intelligence sector may be readying for major purchases of U.S. chips, creating opportunities—and competition—for the likes of Nvidia and Advanced Micro Devices.

ByteDance and Alibaba have asked Nvidia (NVDA), about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.

Alibaba’s artificial intelligence-powered smart glasses went on sale on Thursday as the Chinese tech giant looks to ramp up its focus on consumer AI in an increasingly competitive market.

Top Chinese companies are training their artificial intelligence models overseas to access Nvidia’s chips and bypass US efforts to prevent their development of the powerful technology.

Alibaba delivered better than expected revenue in its fiscal second quarter as sales in its key cloud computing division accelerated.

Alibaba Group Holding Ltd’s Qwen app drew more than 10 million downloads in the week after its relaunch, boding well for a longer-term effort to build a rival to OpenAI’s ChatGPT.

Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday.

China’s Singles’ Day sales festival is coming to a close after more than a month of promotions on the country’s largest e-commerce platforms, which failed to spark widespread consumer excitement during the world’s largest shopping event.

Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday.

Alibaba shares soared in Hong Kong and U.S. premarket trading on Wednesday after the company said it will invest more in artificial intelligence and rolled out new AI products and updates.

Alibaba shares rose on Wednesday after Chinese state media reported that the e-commerce giant secured a major customer for its artificial intelligence chips.