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Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent to close at HK$138.50 on Friday, following an 8 per cent gain…

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New Business

Alibaba launches new AI model targeting rival DeepSeek, China’s hottest start-up

In a statement posted on WeChat, the e-commerce giant’s cloud computing and AI arm Alibaba Cloud said its new Qwen…

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New Business

Alibaba ties up with Lee Kai-fu’s unicorn as China’s AI sector consolidates

Alibaba Group Holding’s cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial intelligence (AI) models, a sign…

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New Business

Meet DeepSeek: the Chinese start-up that is changing how AI models are trained

Chinese start-up DeepSeek has emerged as “the biggest dark horse” in the open-source large language model (LLM) arena in 2025,…

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Tech

Alibaba’s AI model outperforms Chinese rivals, ranks just behind OpenAI, Anthropic

Qwen2-72B-Instruct – the most advanced version of the Hangzhou-based e-commerce giant’s Qwen family of large language models (LLMs), the open…

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