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Chinese
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices
(
www.wsj.com
)
5 days ago
Alibaba
LatticeFlow's LLM Checker, which analyzed models from Meta, Alibaba, Mistral, Anthropic, and OpenAI against the EU's AI Act, finds some compliance issues
(
www.reuters.com
)
15 days ago
Alibaba
AI
Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors
(
www.wsj.com
)
15 days ago
China
Hong Kong
IPO
Alibaba
Robot
Alibaba accelerates AI push by releasing new open-source models, text-to-video
(
indianexpress.com
)
2024-9-20
Alibaba
AI
Alibaba releases 100+ open-source models from its Qwen 2.5 family, its LLM released in May 2024, ranging from 0.5B to 72B parameters, and text-to-video AI tech
(
www.reuters.com
)
2024-9-19
Alibaba
AI
GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal
(
www.bloomberg.com
)
2024-9-18
Alibaba
Q&A with Alibaba.com president Kuo Zhang on the enduring importance of the US market, navigating geopolitical tensions, competing with Shein and Temu, and more
(
restofworld.org
)
2024-9-13
Alibaba
In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces”
(
www.wsj.com
)
2024-9-11
Jack Ma
Alibaba
Alibaba Now Sells a $200,000 Diamond-Making Machine
(
news.slashdot.org
)
2024-9-11
Alibaba
Alibaba's stock rises 5%+ after being made directly accessible to mainland China investors for the first time, following an upgrade to Hong Kong primary listing
(
t.co
)
2024-9-10
China
Hong Kong
Alibaba
Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends
(
www.bloomberg.com
)
2024-9-4
China
Alibaba
WeChat
Tencent
China's top antitrust regulator says it has seen “effective results” that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020
(
www.bloomberg.com
)
2024-8-30
China
Alibaba
Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content
(
venturebeat.com
)
2024-8-30
Alibaba
AI
Chinese tech giants splurge on AI infrastructure, doubling their capex in 2024; Alibaba, Tencent, and Baidu had a combined ~$7B capex in H1 2024, up 117%+ YoY
(
www.ft.com
)
2024-8-29
China
Alibaba
AI
Tencent
Chinese tech giants splurge on AI infrastructure, doubling their 2024 capex; Alibaba, Tencent, and Baidu had a combined capex of ~$7B in H1 2024, up 50%+ YoY
(
t.co
)
2024-8-26
China
Alibaba
AI
Tencent
Shareholders approve upgrading Alibaba's Hong Kong listing, which expects to attract billions of dollars in Chinese investment, to primary status on August 28
(
www.bloomberg.com
)
2024-8-23
China
Hong Kong
Alibaba
Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each
(
www.wsj.com
)
2024-8-21
China
Alibaba
Startup
AI
Tencent
Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending
(
www.bloomberg.com
)
2024-8-15
Alibaba
Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 2024
(
www.bloomberg.com
)
2024-8-5
China
Alibaba
Startup
AI
Tencent
Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba
(
www.bloomberg.com
)
2024-7-25
Alibaba
Startup
AI
Shenzhen
Shanghai
In an effort to compete with Shein and Temu, Alibaba's Taobao and Tmall offer qualified merchants, selling goods in the fashion category, free overseas shipping
(
www.scmp.com
)
2024-7-24
Alibaba
Hugging Face unveils Open LLM leaderboard v2 that tests models across six benchmarks; Chinese models dominate the top 10 with Alibaba's Qwen taking the top spot
(
www.tomshardware.com
)
2024-6-29
China
Alibaba
As tech companies grapple with the limited availability of Nvidia chips globally, Chinese companies like Alibaba face a tougher situation due to US restrictions
(
www.theinformation.com
)
2024-6-28
China
Alibaba
Nvidia
Alibaba creates an English language version of Modelscope, an Amazon Bedrock like service for building AI models launched in 2022, and claims to host 5K+ models
(
www.theregister.com
)
2024-6-25
Amazon
Alibaba
AI
Data provider Syntun: total GMV during China's 618 online shopping event fell 7% YoY to $102B, in first-ever drop; Alibaba, JD, and PDD didn't release GMV data
(
t.co
)
2024-6-22
China
Alibaba
Sources: Apple held talks with Baidu, Alibaba, Baichuan AI, and others to help offer Apple Intelligence in China as ChatGPT isn't available in the country
(
www.wsj.com
)
2024-6-20
China
Alibaba
AI
Apple
Intelligence
Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023
(
www.bloomberg.com
)
2024-6-13
Alibaba
Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B
(
www.cnbc.com
)
2024-5-29
Alibaba
Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering
(
www.bloomberg.com
)
2024-5-24
Alibaba
Alibaba slashes prices for its AI services by up to 97%, leading Baidu to offer free Ernie AI-based services; ByteDance priced its services cheaply last week
(
www.bloomberg.com
)
2024-5-21
Alibaba
AI
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