Alibaba shares jump as new AI chip, data center buildout plans unveiled
SHENZHEN, CHINA – AUGUST 31: An illuminated Alibaba logo is displayed atop an office building on August 31,…
Is China’s AI progress really down to ‘distillation’?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. In…
A Chinese humanoid-robot startup flips ‘distillation’ claim on OpenAI
The CEO of an Ant-backed humanoid robotics startup has published a letter to OpenAI in Chinese that raises…
The cost of AI, trade showdown and Iran’s ‘economic D-day’
Samuel Boivin | Nurphoto | Getty Images Hello, this is Leonie Kidd coming to you from London. Alibaba…
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.…
No more doom scrolling? A Meta trial loss could reshape social media
Conceptual Portrait of Smartphone Addiction and Endless Scrolling. Marco_piunti | E+ | Getty Images This report is from…
Alibaba shares fall 3% 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…
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’
Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library…
Alphabet stock pops on report it’s developing a more efficient AI chip
Alphabet shares closed 1.51% higher on Monday after The Information reported the company is developing a new server…
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…