Baidu plans Hong Kong IPO of AI chip unit Kunlunxin in spin-off move
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World…
Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm.Kuo Zhang, president…
China’s Singles’ Day stumbles as frugal shoppers shrink the world’s biggest sale
JD.com and Alibaba are operating in Suqian City, Jiangsu Province, China, on Dec. 29, 2023. Costfoto | Nurphoto…
Alibaba-backed Moonshot releases new AI model Kimi K2 Thinking
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images…
Alibaba prices AI glasses at $660 and launches ChatGPT rival
Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI…
Alibaba says AI spending for e-commerce Taobao Tmall is breaking even
Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next…
Alibaba is developing a new AI chip — here’s what we know so far
Key Points The chip is specifically for inferencing rather than training but Alibaba will still use semiconductors from…
Stock market today: Live updates
Traders work at the New York Stock Exchange on August 20, 2025. NYSE Stocks fell on Friday as…
SoftBank founder Son makes his biggest bet by staking the future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in…
South Korea charts one-of-a-kind course in AI race with U.S. and China
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms…
What a rate cut means for stocks, plus a bullish call on AI spending
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just…