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The company spent $40 million to build Thomson, which is based on an open-source model from Chinese tech giant Alibaba
BEIJING, Aug 24 (Reuters) - Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share
Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share placement to fund rising AI spending. The new model can generate 30-second videos from documents, spreadsheets, slides and web pages, Alibaba Cloud said in a post on the WeChat platform. Alibaba said Wan3.0 had been used in short drama and film production, advertising and marketing, tourism promotion and music video creation since a public beta version was launched on August 6.
Alibaba is seeking roughly $10 billion in a Hong Kong share sale, with proceeds earmarked for full-stack AI investment.
Alibaba Group Holding Ltd. shares rose the most in two weeks as the launch of a new ecommerce platform boosted optimism toward the company before its June quarter earnings this week.
Alibaba Group Holding Ltd. launched the beta version of an artificial intelligence music-generation model that can turn a single text prompt into a fully produced song, expanding the Chinese technology giant’s push into generative AI.
BABA stock jumped after Qwen AI landed on Apple devices in China, adding fresh proof its AI push is paying off. Here's what it means.
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 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
Kimi K3 challenges assumptions about the technology gap
Founder backs open AI access while prioritizing research over short-term monetization amid global AI security debates.
Alibaba Group Holding (NYSE:BABA) has launched a $1.5b bid for grocery delivery firm Pupu. The offer puts Alibaba in direct competition with Meituan, which has been expanding in fresh produce and local commerce. The move follows Meituan's purchase of Dingdong Fresh and intensifies pressure on rivals including JD.com. Alibaba Group Holding, trading at $104.97, is leaning harder into local commerce at a time when its stock has seen mixed recent performance. The shares are down 6.7% over the...
Company expands beyond chatbots as competition shifts toward physical AI.
Regulatory Pressure Returns to China Tech as Alibaba, JD.com Fall Sharply
Investing.com -- A blockchain protocol developed by Ant Group, the Chinese fintech giant behind Alipay and an affiliate of Alibaba Group, has powered the launch of the first institutional-grade onchain vault focused on emerging-market consumer lending, Investing.com has learned.
Alibaba Group Holding Limited (NYSE:BABA) is one of the best low risk stocks to buy in 2026. On May 20, Alibaba Group unveiled its new Zhenwu M890 AI chip, developed by its T-Head subsidiary to provide a domestic alternative to Nvidia processors amid tightening US export curbs. The chip offers three times the performance of […]
Alibaba has unveiled its latest Zhenwu M890 AI chip and next-gen LLM model Qwen 3.7-Max.
The new Zhenwu M890 targets training, inferencing, and agentic AI workloads as Alibaba expands its full-stack AI strategy.
The Zhenwu M890 delivers three times the performance of Alibaba's prior chip.
Tech giant Alibaba released on Wednesday a new artificial intelligence chip it said performed three times as well as its predecessor, showcasing growing domestic chipmaker prowess as US titan Nvidia struggles for access to China.Alibaba said its new chip, Zhenwu M890, can deliver three times the performance of its predecessor Zhenwu 810E, which is widely believed to match the capabilities of Nvidia's H20.
Alibaba Group Holding Limited (NYSE:BABA) on Wednesday introduced a new artificial intelligence chip, the Zhenwu M890, as the company accelerates efforts to develop Chinese-made alternatives to processors supplied by NVIDIA Corporation amid tighter U. S.
Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia processors amid tightening U.S. export curbs. The chip, developed by Alibaba's semiconductor design subsidiary T-Head, delivers three times the performance of its predecessor, Zhenwu 810E. Alibaba said the new processor is well-suited to handle the heavy memory and communication demands of agent workloads, where models must retain long stretches of context and coordinate with one another in real time.
Yunfeng Financial is leveraging its strong balance sheet and a strategic ether reserve to turn physical assets into a digital financial tool for professional investors in Hong Kong image credit: Bamboo Works Key Takeaways: Yunfeng Financial has launched a digital token backed by gold bullion for professional investors in Hong Kong on its Yunfeng Youyu platform The company is leveraging capital reserves from its core insurance business to power a new model aimed at turning gold bullion into a liq
Alibaba Group Holding (BABA) is back in focus as a cluster of analyst upgrades intersects with fresh AI product rollouts, including warehouse robots and conversational shopping tools embedded across its core ecommerce platforms. See our latest analysis for Alibaba Group Holding. Alibaba’s recent AI launches and analyst upgrades come after a 10.0% 1 month share price return and a 5.1% gain over the past week. However, the stock is still down 10.1% year to date, while the 1 year total...