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.…
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…
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…
Tumbling AI stocks signal another day of turmoil for tech companies
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025. Kazuhiro…
Airwallex raises $320 million to power finance run by AI agents
The Airwallex logo appears on a laptop computer screen in this photo illustration in Athens, Greece, on December…
Tech stocks try to rebound after global AI sell-off batters chip names
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday,…
China learns to build without Nvidia
An iFlytek liquid-cooled server equipped with Huawei Kunpeng 920 chips and Ascend AI chips, on display at the…
China’s Tencent sees boost from gaming, AI demand despite revenue miss
Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst…
Stock market news for May 12, 2026
Traders work at the New York Stock Exchange on May 7, 2026. NYSE The S&P 500 slipped on…
A sanctioned Chinese firm says cheaper models can still win
China’s artificial intelligence race has no finish line. DeepSeek, Moonshot AI, Alibaba and even consumer electronics firm Xiaomi…
In China, companies are shipping AI hardware
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April…
Alibaba revealed as creator of AI video generation model ‘HappyHorse-1.0’
The Alibaba logo is pictured during a tour at the Alibaba office in Beijing on April 1, 2026.…