Alibaba Group Holding has strongly refuted allegations made in a recent Financial Times report claiming that the company has links to the Chinese military. In a rare public statement, the tech giant called the report “completely false” and “malicious,” questioning its timing and
Alibaba Group Holding is set to outpace its Chinese Big Tech counterparts in capital expenditure for artificial intelligence, as the company intensifies its strategic push to establish leadership in the global AI arena. The company’s cloud and AI division, Alibaba Cloud, reported a
For years, global discussions have described artificial intelligence as a high stakes contest between the United States and China. Analysts often focus on who will train the largest frontier models, who has more computing power and which superstar labs can push the limits
Alibaba has officially entered the smart wearables market with the launch of its first artificial intelligence-powered glasses in China. The new Quark AI Glasses mark a bold move by the company as it aims to stand alongside major players such as Meta, Xiaomi,
Meituan has found itself slipping into a significant quarterly loss as China’s increasingly aggressive food delivery competition reaches new heights. At the heart of this struggle is an expensive subsidy fight with Alibaba’s fast-growing instant commerce arm, a rivalry that has reshaped how
Alibaba Group Holding posted stronger than expected results for the September quarter, supported by rising demand for its cloud computing and artificial intelligence services. The company reported on Tuesday that revenue for the financial second quarter reached 247.8 billion yuan, equal to about
Alibaba’s logistics unit Cainiao is widening its presence in Africa, rolling out its small parcel delivery service to more markets as demand for Chinese products continues to surge across the continent. The move reflects growing interest among Chinese e commerce sellers in reaching
Alibaba Group Holding is placing a major bet on its new artificial intelligence app Qwen, which analysts say could become the defining super app of the AI age. Many are comparing its potential influence to the way Tencent’s WeChat transformed the mobile internet
Baidu and Alibaba have announced the creation of a joint artificial intelligence laboratory in Shenzhen, signaling a new phase of China’s corporate cooperation in advanced computing and large-scale model development. The move reflects a policy-driven emphasis on consolidating national capabilities in foundational AI
Alibaba Group and Huawei Technologies have announced a joint venture to co-develop advanced artificial intelligence (AI) chips, marking a major step toward China’s goal of technological self-reliance. The partnership will focus on next-generation AI processors designed for data centers, cloud computing, and large-scale
