Tag: E-Commerce Discretionary

OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company.

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.

Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon
Prime members.

EBay shares surged by almost 8% in premarket U.S. trading Thursday after the e-commerce giant reported better-than-expected fourth-quarter results and announced plans to acquire fashion marketplace Depop from Etsy.

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.

Shopify (SHOP) stock rose sharply Wednesday as the e-commerce platform missed earnings expectations but reported better-than-expected growth and announced a $2 billion stock buyback program.

Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings and boosted its 2026 spending forecast to $200 billion.

Long delays to get power grid connections are challenging Amazon’s (AMZN), opens new tab plans to expand data centers in Europe, the company told Reuters, as industries ramp up pressure on policymakers to upgrade ageing energy grids.

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.

OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed on Tuesday.

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.

Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get a foothold in the market.

Shares of Shopify tumbled 5.9% on Monday after the widely used e-commerce platform reported technology issues impacting some merchants. Shoppers were still able to browse and purchase from online storefronts, a spokesperson told Barron’s.

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.

Italian police carried out searches and seizures at two Amazon sites in Italy on Monday as part of an investigation into the alleged smuggling of Chinese goods, three people with direct knowledge of the matter said.

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.