Alibaba shares plunge 10% after $10.2 billion share placement to fund AI push
Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025.…
Alibaba shares fall 5% as AI spending drives 75% drop in net income
China’s Alibaba on Thursday posted a 75% fall in profits for the June quarter as AI spending weighed…
Alibaba challenges Meta with new laptop-ready AI model
A man walks past the Alibaba logo displayed at its booth during the China International Supply Chain Expo…
Meta launches Muse Glimmer open-weight AI model
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new…
Alibaba shares rally after unveiling Qwen3.8-Max AI model
Alibaba debuts Qwen3-Max, its trillion-parameter AI model trained on 36T tokens. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images)…
Bessent says U.S. could sanction China over AI model ‘theft’
U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library…
SoftBank sinks as Asia chip stocks track Wall Street AI rout
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a…
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.…
CNBC’s The China Connection newsletter: Betting on Shenzhen over Silicon Valley
The Huaqiangbei electronics market in Shenzhen in south China’s Guangdong province Friday, Aug. 08, 2025. Feature China |…
Goldman Sachs picks its favorite Chinese AI models
Goldman Sachs has three preferred Chinese artificial intelligence models, only one of which is publicly traded. The investment…
AI executives says demand ‘almost unlimited’ amid stock volatility
Master | Moment | Getty Images Chip stocks have had a blistering rally over the past year as…
China warns about AI risks with Anthropic’s Claude Code
Security officers keep watch in front of an AI (Artificial Intelligence) sign at the annual Huawei Connect event…