Keywords: Alibaba


Alibaba misses revenue forecasts as AI spending weighs profits

Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure......

US investigates alleged smuggling of Nvidia AI Chips through Thailand

U.S. authorities are reportedly investigating a suspected network that may have facilitated the transfer of advanced artificial intelligence chips from Southeast Asia to China, raising new concerns over technology export controls and global semiconductor trade. According to reports, investigators suspect......

Chinese tech giants rush to secure Huawei AI chips after DeepSeek V4 launch

Demand for advanced artificial intelligence chips in China has surged following the release of a new AI model, prompting major technology firms to secure supply from Huawei. According to industry sources, leading Chinese companies including ByteDance, Tencent, and Alibaba are actively seeking to place......

Time ranks three Chinese firms among top global AI leaders

Time has named three Chinese companies among the world’s ten most influential artificial intelligence firms in its first TIME100 Companies: Industry Leaders ranking focused on AI. The list places ByteDance, Alibaba, and Zhipu AI alongside seven Western counterparts, signaling a shift in how China’s......

Tencent and Alibaba eye DeepSeek stake at over $20 billion valuation

Tencent and Alibaba are in talks to invest in AI startup DeepSeek at a valuation exceeding $20 billion, marking a sharp increase from earlier expectations and signaling rising competition for strategic positions in China’s AI sector. The discussions would represent the first external funding round......

Alibaba’s Qwen3.6 Plus tops AI benchmark as rivals dispute results

Models from Alibaba have posted strong results on the MMLU-Pro benchmark, with Qwen3.6 Plus claiming the top spot on at least one major ranking. However, independently verified evaluations suggest a more contested picture of leadership in language understanding, highlighting ongoing disputes over how......

Alibaba shifts Qwen AI strategy from open source to paid models

Alibaba is moving away from its open-source approach for Qwen, its flagship AI model family, and shifting toward paid, proprietary systems as it seeks stronger revenue growth. The change, first reported by the Financial Times, marks a major strategic pivot that could disrupt a large global developer......

Alibaba shares fall as AI spending pressures trigger target cuts

Alibaba shares declined in Hong Kong after analysts at Jefferies and UBS lowered their price targets, citing rising artificial intelligence costs and widening losses in non-core businesses. The stock fell 2.9 percent to 122.70 Hong Kong dollars, underperforming the broader Hang Seng Index, which slipped......

Alibaba integrates Taobao and Alipay into Qwen AI app for one-click commerce

Alibaba Group Holding unveiled a transformative upgrade to its Qwen AI application on Thursday, seamlessly weaving in powerhouse consumer services such as Taobao, Alipay, the Fliggy travel platform, and Amap mapping directly into a single AI-driven interface. Users across China can now handle everything......