Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
13 May, 2026, 06.49 PM IST
DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
06 May, 2026, 08.52 PM IST
SpaceX IPO 2026: $1.5T valuation— will history’s biggest listing reward investors or repeat past mega-IPO disappointments? Here’s how they performedThe SpaceX IPO could become the biggest IPO in history, targeting a massive $2 trillion valuation and a $75 billion raise. That number alon...
17 Apr, 2026, 01.04 AM IST
Meta to release open source versions of its upcoming AI modelsMeta plans to release new AI models under Alexandr Wang, with some versions open source but certain parts kept private for safety and compe...
07 Apr, 2026, 12.22 PM IST
DeepSeek V4 model to use Huawei chips? But, can Huawei truly match Nvidia in power and scaleDeepSeek is moving V4 AI model to Huawei chips, reducing reliance on Nvidia hardware. This shift reflects China’s AI independence strategy ...
03 Apr, 2026, 10.33 PM IST
Alibaba develops next-gen chip for agentic AI, Chinese media saysThe 3.2 GHz server chip, built using open-source RISC-V chip architecture, was billed as "the highest performing RISC-V CPU in the world"...
24 Mar, 2026, 11.08 AM IST
Alibaba Token Hub to consolidate, boost Group’s AI strategyAlibaba Group has launched the Alibaba Token Hub (ATH), an AI-focused business division led by CEO Eddie Wu, consolidating key AI assets li...
17 Mar, 2026, 08.54 PM IST
Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy?Alibaba Group Holding Ltd. (NYSE: BABA) climbed sharply after reporting quarterly revenue that exceeded Wall Street expectations. The stock...
25 Nov, 2025, 05.57 PM IST
Alibaba’s main AI app debuts strongly in effort to rival ChatGPTAlibaba's Qwen app has seen a massive surge, crossing 10 million downloads post-relaunch, signaling a strong contender against OpenAI's Cha...
24 Nov, 2025, 10.57 AM IST
Alibaba to open new data centres; unveils most powerful AI modelAlibaba announced plans to open its first data centres in Brazil, France, and the Netherlands, expanding its global AI infrastructure. Addi...
24 Sep, 2025, 12.33 PM IST
Alibaba launches Qwen3-Max AI model with more than a trillion parametersAlibaba has unveiled its most powerful AI language model, Qwen3-Max, boasting over one trillion parameters. The announcement, made at the A...
24 Sep, 2025, 10.10 AM IST
Alibaba preparing for flagship AI model release as soon as AprilAlibaba Group plans to launch Qwen 3, an upgraded AI model, possibly in April, amid rising competition from OpenAI and DeepSeek. The move f...
01 Apr, 2025, 08.28 PM IST
Alibaba's strong year-end sales help to drive revenue reboundChinese retailers such as Alibaba have cut prices and intensified promotional offers to revitalise consumer spending and drive sales at the...
20 Feb, 2025, 07.19 PM IST
Apple teams up with Alibaba to bring AI features for iPhones in China: ReportThe development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic riv...
11 Feb, 2025, 09.39 PM IST
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueAlibaba's concerns over the US export curbs announced by Washington in October come on the heels of similar worries raised this week by Chi...
17 Nov, 2023, 04.48 PM IST
Alibaba's Hong Kong shares tumble 10% after cloud unit spin-off shelvedThe stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.
17 Nov, 2023, 09.14 AM IST
Alibaba opens AI model Tongyi Qianwen to the publicThe Alibaba Cloud Intelligence Division said organisations including OPPO, Taobao, DingTalk and Zhejiang University have reached cooperatio...
13 Sep, 2023, 07.03 AM IST