Tag: $Alibaba Group Holding Ltd.

Alibaba (BABA) stock was rising on Thursday after the Chinese e-commerce giant said it would seek to raise $3.2 billion by issuing a convertible bond, yet another indication that it’s doubling down on artificial intelligence.

As the race for household robots heats up, Chinese humanoid startup X Square Robot announced Monday it had secured around $100 million in a funding round led by Alibaba Cloud.

Alibaba (9988.HK), ByteDance and other Chinese tech firms remain keen on Nvidia’s (NVDA.O), artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said.

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business.

Alibaba on Monday unveiled a pair of smart glasses powered by its artificial intelligence models, marking the Chinese firm’s first foray into the product category.

Alibaba on Monday said it will merge its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business as the Chinese group streamlines operations amid intensifying competition.

Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.

China’s tech and e-commerce giant Alibaba Group (9988.HK), is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter.

The partnership demonstrates Alibaba’s increased focus on AI, while BMW is also seeking to develop competitive products for the Chinese market.

Jack Ma-backed Ant Group used Chinese-made semiconductors to develop less costly techniques to train artificial intelligence models, Bloomberg reported on Monday.

China’s Manus AI announced on Tuesday a strategic partnership with the team behind tech giant Alibaba’s Qwen AI models, a move that could bolster the artificial intelligence start-up’s roll-out of what it called the world’s first general AI agent.

Chinese tech giant Alibaba unveiled its latest artificial intelligence reasoning model on Thursday, boasting that its capabilities beat those of rival models from OpenAI and startup DeepSeek.

Alibaba shares jumped on Thursday in premarket trading after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment.

Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a move that removes months of uncertainty for the Cupertino-based firm.

There’s a new Chinese artificial-intelligence model claiming to be able to compete with its Western rivals. But it isn’t DeepSeek. E-commerce company Alibaba is making its own play for the AI crown.

The company will sell its entire 78.7% stake in Hong Kong-listed Sun Art Retail Group

South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday.

Alibaba is bailing on traditional in-store shopping—and investors don’t seem too impressed.

Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a stock exchange filing on Thursday.

Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.