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The race to launch ETFs tied to SK Hynix Inc is about more than one of the largest ADR listings in history—it’s a bet that investors are beginning to look beyond AI chipmakers like Nvidia and toward the memory companies...
Alibaba’s AliExpress received the largest penalty EU officials have handed a company so far under the bloc’s Digital Services Act.
By Foo Yun Chee BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal,
↗️ Alibaba (BABA, HK:9988): Shares in the Chinese internet giant rose after it previewed its new AI model, which it said is second only to Anthropic’s Fable 5. ↘️ Ryanair (IR:RYA): Shares in the budget airline fell after it reported a drop in first-quarter profit, hit by lower fares and rising fuel costs because of the conflict in the Middle East.
In a post on X, Alibaba Group Holding announced the launch of a preview version of its flagship Large Language Model (LLM) Qwen3.8 Max.
Alibaba Group previewed its new artificial-intelligence model in the latest sign that China is fast closing the gap with the U.S. for global technological dominance.
Donald Trump faces a mounting battle with China after an AI breakthrough in the country threatened to upend US dominance of the technology.
Billionaire investor Bill Ackman is sounding the alarm on what he sees as a rapidly escalating technological arms race with China, warning that the stakes could extend beyond economics into national security and democratic stability. In a social media post...
Apple's reported AI partnership with Alibaba is boosting confidence in the company's AI strategy as analysts see 58% upside ahead.
Apple just closed at a record high after a monster run, but the real question is whether the forces driving it higher are durable enough to carry the stock through a gauntlet of legal battles, insider selling, and a looming earnings report that could change everything.
Alibaba Group Holding (NYSE:BABA) has introduced its flagship Qwen3.8 Max AI model, presented as competitive with leading global systems and intended for open-weight release. Moonshot AI, supported by Alibaba, has launched its Kimi-K3 model, which is reported to outperform some U.S.-based models on coding benchmarks. Both Alibaba and Moonshot AI are taking steps to widen access for developers, aiming to attract broader adoption of their AI technology. Alibaba is best known for its...
(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops
(Bloomberg) -- Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms P
Prosecutors have declined to charge businesses in a number of recent cases—despite believing that senior employees were involved in wrongdoing.
Investing.com -- ZTE Corp. (HK:0763) unveiled a range of smartphones with integrated artificial intelligence services, joining Chinese manufacturers seeking to make agentic AI a central part of mobile operating systems, Bloomberg reported.
Moonshot's Kimi K3 tops coding charts and hits chip stocks as investors question America's AI lead over China.
The latest trading day saw Alibaba (BABA) settling at $114.97, representing a -2.14% change from its previous close.
In early 2025, the release of DeepSeek’s R1 artificial-intelligence model sent tech stocks sliding. Moonshot AI, the Chinese lab backed by Alibaba Group on Thursday released its newest model, dubbed Kimi-K3. The model outperformed its most advanced peers from Anthropic and OpenAI across an array of coding tasks, according to model evaluator Arena AI.
Kimi K3 challenges assumptions about the technology gap
Moonshot claims Kimi K3 narrowed the performance gap with leading U.S. models and outperforms several competing systems on coding and agentic AI benchmarks.
(Bloomberg) -- President Xi Jinping hailed China’s progress in developing low-cost artificial intelligence, pressing his personal imprint on the country’s rapidly expanding global influence to call for a more open technological order.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsCIA Says AI Drones Give Russian Troops Only 30 Minu
China approves Apple Intelligence using Alibaba's Qwen model, boosting optimism for internet stocks and AI-driven growth.
Palantir's CTO says Chinese AI models may rely on distillation attacks and urges stronger protection of U.S. AI intellectual property.
Apple recently secured approval from China’s Cyberspace Administration to roll out its Apple Intelligence generative AI services, integrating Alibaba’s Qwen and Baidu technology across iOS, iPadOS, macOS, and visionOS devices in the country. This clearance gives Apple a way to embed locally compliant AI into its ecosystem in the world’s largest smartphone market, potentially reinforcing user stickiness against premium rivals like Huawei and Xiaomi. We’ll now examine how gaining regulatory...