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 shares jump 19% on cloud unit growth, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen…
The bank trade is a positive sign for the market, plus AI stocks stay strong
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just…
SoftBank founder Son makes his biggest bet by staking the future on AI
Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a…
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…
South Korea to launch national AI model in 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…
Chinese firms are waging price wars. The consumer isn’t always winning
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty…