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Alibaba launches Wan3.0 AI video model after $10 billion share saleThe new model can generate 30-second videos from documents, spreadsheets, slides and web pages, Alibaba Cloud said in a post on the WeChat ...- Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
- SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boomSoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This a...
- SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boomThe issuance is SoftBank's largest ever and nearly twice the size of its previous record - a 600 billion yen offering issued in April 2025.
- Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
- Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
- Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
- Alibaba Earnings: Can AI bets power the next growth wave?Alibaba’s Q2 earnings will test whether its aggressive AI investments can drive sustainable growth and profits. Strong Qwen adoption and cl...
- Alibaba to sell Lingxi Games in more than $2 billion deal, source saysAlibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Mo...
- India Inc leans on hybrid AI strategy: A string of models for cost and controlIndian enterprises are moving towards hybrid AI to balance cost, performance & data sensitivity as frontier open-weight models narrow the g...
- Apple says Mac users in China can connect to Alibaba's Qwen AI serviceApple published a guide for Chinese Mac users to connect Alibaba's Qwen AI service. This integration allows enhanced Siri responses and Wri...
- Alibaba plans to charge big users of its next open-source AI modelLike last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight mo...
- The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
- Qwen 3.8-Max launches with 2.4 trillion parameters. Don't trust the benchmarks just yetAlibaba launched its large AI model Qwen3.8-Max with many parameters. This model supports extensive context windows and multimodal inputs f...
- Alibaba unveils its most capable AI model to date, not far behind Moonshot's in sizeChinese tech companies - a huge force in open-weight AI models globally - are locked in a fierce and fast-moving battle to build more power...
- Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reportsChinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their ...
- Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeChinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interes...
- Global Market: Zhongji Innolight raises $6.81 billion in Hong Kong listing, Asia’s second-biggest IPO of 2026Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the...
- China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
- ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents showUS regulators have approved some Chinese companies to buy advanced AI chips. ZTE Kangxun Telecom and Maginfra can purchase Nvidia's H200 ch...
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