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…
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…
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…
CNBC’s The China Connection newsletter: Hoping AI lifts all boats
A real estate project is under construction in Yantai City, Shandong Province, China, on May 29, 2026. Nurphoto…
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…
AI layoffs hit U.S. but not China jobs — yet
College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March…
AI race enters a new phase
A robot band from LinkerBot performs at a robot 6S store on Jan. 29, 2026 in Shenzhen, Guangdong…
Zhipu, Minimax after Nvidia Jensen Huang OpenClaw comments
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March…
Senators tell ByteDance to ‘immediately shut down’ Seedance AI video app
Jonathan Raa | Nurphoto | Getty Images Sens. Marsha Blackburn and Peter Welch are calling for a halt…
AI startups go global from day one
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on…
Forget DeepSeek. Of China’s 5 new AI models, UBS prefers this one
As speculation over a new version of the DeepSeek AI model grows, several other Chinese tech companies have…
China’s Baidu adds OpenClaw AI into search app for 700 million users
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.…