Alibaba stock gained after the Chinese tech giant announced a new AI model designed to run on smartphones and other devices.

Nvidia, Tesla, and the rest of Big Tech are having a rough go of it, while China’s Terrific 10—Alibaba, Tencent, Meituan, ...

Alibaba (NYSE:BABA) has launched a new artificial intelligence model under its Qwen series as competition in China's AI ...

B, a new open-source AI model designed for cost-effective AI agents, capable of processing multimodal data in real-time.

Alibaba launched a new AI model Qwen2.5-Omni-7B that can process multiple inputs and generate real-time responses. It's open-sourced and can be deployed on edge devices. It's part of China's AI boom, ...

But this year the MSCI China index has beaten its American equivalent by an impressive 20 percentage points, on the back of ...

Demand for H20 chips has surged in recent months as companies rush to adopt Chinese AI startup DeepSeek's cost-effective AI ...

Cloud spending, which totalled US$40 billion in 2024, is expected to reach US$46 billion this year as cloud providers expand ...

The CEO of the Chinese business 01.AI, Lee Kai-fu, stated that companies like DeepSeek have figured out how to use processors and apply algorithms more effectively, reducing the gap between China and ...

Since its strategic entry into the AI spotlight, DeepSeek has inspired an array of new AI developments from prominent Chinese tech players. In just two weeks, companies including Baidu, Alibaba Group, ...

OpenAI expects its revenue to increase more than threefold to $12.7 billion in 2025 before ballooning to $29.4 billion in 2024 as its Chinese competitors continue to cover lost ground.