Alibaba

Alibaba’s Qwen 3 AI model has achieved a perfect score in the world’s toughest math exams, outperforming OpenAI’s models. The breakthrough marks a major leap for China’s AI research, showing how advanced reasoning and problem-solving are redefining the global AI race.

Google Maps now has competition as Alibaba’s Amap expands to 170 countries with smarter AI maps

Alibaba’s Amap is going global to challenge Google Maps, expanding to over 170 countries with smarter AI-powered navigation and support for 19 languages. The move aims to help Chinese carmakers build advanced in-car navigation systems for international markets.

China’s Alibaba is a late entrant to the AI pantheon

For now the big difference with the Metas and Googles is that China’s tech giants remain largely domestic beasts

Alibaba CEO Eddie Wu sees global AI investment reaching $4 trillion in five years

Eddie Wu said the pace of growth of the AI industry and the demand for related infrastructure has 'far exceeded' expectations, and Alibaba will be increasing its investment, though did not specify the quantum of increase to its already announced plan to spend over 380 billion yuan over three years.

Alibaba to raise $3.2 billion via convertible bond to fund cloud growth

Alibaba said it would use nearly 80% of the proceeds to expand data centres, upgrade technology and improve services to meet demand for cloud solutions

Alibaba entity launches block deal to sell 5.84% stake in Paytm for Rs 3,800 crore; marking full exit for Chinese investor

Antfin has gradually pared its stake in Paytm over the last two years. Apart from the latest deal, Antfin sold shares worth around Rs 1,371 crore in August 2023 as part of its ongoing efforts to reduce exposure and aligns with regulatory sentiment around long-term Chinese-origin investors.

Alibaba’s first AI smart glasses arrive and may give Meta, OpenAI a reason to worry

While Alibaba hasn’t yet revealed pricing or technical specs, the move signals just how seriously Chinese tech giants are taking the AI hardware push.

Alibaba unveils Qwen3-Coder, its most powerful open-source AI model for coding

Alibaba Qwen3-Coder features 480 billion parameters in a Mixture-of-Experts setup, the model supports long context handling and excels in agentic coding tasks.

Alibaba offers $7 billion of subsidies to defend turf in China

China’s e-commerce leader is facing growing challenges from up-and-comers like PDD Holdings Inc.

Alibaba to merge food delivery, travel agency platforms into core e-commerce business

The company said the reorganization was a “strategic upgrade” as it transitions from a traditional e-commerce company to a broader consumer-focused platform.

Antfin’s Rs 2.1k crore share sale in Paytm will be exempt from capital gains tax

On May 13, Antfin sold 2.54 crore shares of Paytm at an average price of Rs 824.6 a share

Ant fin willing to give upto 6% discount for Paytm stake sale

The Alibaba group entity will sell 4% of its stake in Paytm on Tuesday; Floor price set at Rs 809.75 apiece.

Alibaba debuts Qwen3 model with hybrid reasoning, multilingual capabilities, and more

Qwen3 also features improved agentic capabilities, making it more effective for multi-step tasks and coding environments

Alibaba unveils new open-source multimodal AI model: All the details

Part of the Qwen series, this 7-billion parameter model is optimized for deployment on edge devices like smartphones and laptops, said the China-based tech giant.

Alibaba’s Tsai warns of a ‘bubble’ in AI data center buildout

A rush by big tech firms, investment funds and other entities to erect server bases from the US to Asia is starting to look indiscriminate, the billionaire executive and financier said

Alibaba shares surge after it unveils DeepSeek-rival reasoning model

Qwen, the e-commerce leader's artificial intelligence unit, said on X that its QwQ-32B, with 32 billion parameters, can achieve performance comparable to DeepSeek's R1 model, which boasts 671 billion parameters.

Alibaba makes AI chatbot Wan 2.1 available to all: Everything you need to know

Alibaba first introduced this AI model in January under the name "Wanx" before simplifying it to Wan.

Alibaba unveils new AI model to take on OpenAI's ChatGPT, Deepseek's R1

Alibaba's QwQ-Max-Preview is designed to replicate human-like thinking, decision-making, and problem-solving

Chinese ADRs tumble on Trump order, led by 10% plunge in Alibaba

The e-commerce firm’s American depositary receipts closed down 10%, the biggest decline since Oct. 2022. The Nasdaq Golden Dragon China Index tumbled 5.2%, with Bilibili Inc. and JD.com Inc. among stocks that slid more than 7%.

Alibaba to Spend $53 billion on AI infrastructure in big pivot

The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade

World Street | Japan inflation at 2-yr high, Alibaba's stellar earnings, Amazon surpasses Walmart revenue and more

From Japan’s inflation surge to Meta’s executive pay hike and Amazon’s revenue leap, here's a look at some of the major developments from across the world.

Alibaba matches third-quarter estimates with strong year-end sales

Chinese retailers such as Alibaba have slashed prices and intensified promotional offers to revitalise consumer spending and drive sales at their core domestic e-commerce business

Alibaba partners with Apple to enhance AI capabilities in China

Apple has partnered with Alibaba to enhance AI capabilities in China, ensuring regulatory compliance while strengthening its competitive position, according to the Financial Times. 

Apple may join hands with Alibaba to bring Apple Intelligence to China

Apple is partnering with Alibaba to bring Apple Intelligence to China, aiming to boost iPhone sales and compete with local rivals. The AI features are awaiting approval from China’s cyberspace regulator.

Alibaba releases AI model it claims surpasses DeepSeek-V3

"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said in an announcement posted on its official WeChat account.