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DeepSeek gave Alibaba Group Holding Limited (NYSE:BABA) and Alphabet Inc. (NASDAQ:GOOGL) a revealing price comparison on August 3. Artificial Analysis estimated that DeepSeek’s V4-Flash averaged just $0.03 to complete each test in its benchmark suite while scoring 50 on its Intelligence Index, matching Google’s Gemini 3.6 Flash. Three cents is the average cost of completing […]

“Big Short” investor Steve Eisman said on his own show, Real Eisman Playbook, that “If I was the head of Anthropic or OpenAI, I’d be petrified. That spells to me price war.” The comment lands at an inconvenient moment: both labs have filed confidentially with the SEC and are aiming at public listings near $1 ... ‘I’d Be Petrified’: Steve Eisman Says Cheap Chinese AI Models Could Wreck OpenAI and Anthropic’s Valuations

Chinese tech groups are accelerating work on open-weight AI models, with Alibaba releasing a powerful new system that could increase competition with Intel in AI infrastructure. TSMC is reportedly developing advanced chip packaging technology that resembles Intel's EMIB approach, which could narrow Intel's edge in high performance chip designs. These developments add fresh competitive risks for Intel's AI and packaging plans that have not been the focus of recent coverage. Intel, trading on...

(Bloomberg) -- China is growing anxious that Anthropic PBC’s Mythos could be wielded against the world’s second-biggest economy, adding a volatile new issue to already heightened tensions before a planned summit between Xi Jinping and Donald Trump.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevS&P 500 Closes Near Record High on US-Iran Hopes: Markets WrapAlibaba Adds to China AI Breakthroughs With New Qwen Model Iran Says Hormuz Talks Ongoing After Trump Calls O

(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit

Alibaba's 2.4-trillion-parameter Qwen model strengthened its position in China's rapidly advancing open-weight AI market.

Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR E

JD.com and NetEase are flashing bullish technical signals as improving momentum across Chinese technology stocks suggests the sector’s rally has further room to run.

US equity indexes rose after midday Monday amid strong gains in communications services, while a sli

BABA's Qwen3.8-Max sharpens its AI challenge to U.S. rivals while expanding enterprise workloads, open-weight access and cloud monetization.

(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit

Alibaba recently unveiled Qwen3.8-Max, a 2.4 trillion-parameter AI model that it claims matches leading global systems and plans to release as open weights for developers worldwide. This move ties Alibaba’s core cloud and AI efforts more tightly to the global open-source ecosystem, potentially increasing developer adoption and cloud usage over time. We’ll now examine how Alibaba’s Qwen3.8-Max open-weight launch could reshape its AI-and-cloud-focused investment narrative for investors. Invest...

The model uses 2.4 trillion parameters and will be released publicly next week.

Dolby's discounted valuation and $756 million cash balance support its long-term case as premium formats and auto licensing expand.

Alibaba shares were gaining on Monday after the Chinese company unveiled its largest artificial-intelligence model yet. It’s another sign that China’s “open” AI push will keep piling pressure on American model providers. Alibaba’s American depositary receipts were rising 4.6% after the company launched its latest model, called Qwen 3.8-Max.

Worries over increased competition from China sent semiconductor stocks lower on Monday.

Worries over increased competition from China sent semiconductor stocks lower on Monday.

Worries over increased competition from China sent semiconductor stocks lower on Monday.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5%, and the actively tra

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

Shares in Alibaba Group (NYSE:BABA) rose 4% in pre-market trading in New York after the Chinese technology group unveiled the most capable version yet of its Qwen artificial intelligence model. The Hangzhou-based ecommerce and cloud computing company said Qwen 3.8-Max was the strongest model...

Alibaba Stock Rallies After Unveiling Powerful New Qwen AI Model

Software stocks help power the market higher after President Donald Trump says he will restart talks with Iran.

↗️↘️AstraZeneca (AZN, UK:AZN), Bristol Myers Squibb (BMY): The drug companies are in talks to combine in a deal that would value the joint company at roughly $400 billion, the Financial Times reported.

Despite the risk-on mood, Stocktwits retail sentiment remained bearish on both the SPY and QQQ ETFs.

Alibaba said it made Qwen3.8-Max widely accessible to global users ahead of an open-weights release next week.

New Chinese AI models including Alibaba's flagship system that claims performance similar to Anthropic's Fable is intensifying the rivalry between China and the US over AI. Bloomberg's Minmin Low has the latest.

(Bloomberg) -- Alibaba Group Holding Ltd. released its latest flagship AI model, with performance claims putting it alongside global leaders like Anthropic’s Fable.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentCrushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to BuyThe new

Restricting Chinese open models could protect U.S. developers but increase costs for U.S. users and slow AI adoption, analysts say.

Alibaba Group Holding (NYSE:BABA) is supplying cloud infrastructure to support a major Nvidia chip cluster for Chinese AI firm Moonshot. The deal is designed to power Moonshot's next generation AI models that are being developed to compete with leading global systems. Alibaba is both a key cloud provider and a major investor in Moonshot, linking its cloud strategy directly to AI model development. Alibaba Group Holding has been working to grow its cloud computing and AI capabilities...