Despite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...

Asian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...

US stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...

Alibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...

Tencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...

Tencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...

Alibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...

IQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...

The SpaceX IPO could become the biggest IPO in history, targeting a massive $2 trillion valuation and a $75 billion raise. That number alon...

Chinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...

Net profit plunged 66% to 15.6 billion yuan ($2.2 billion) primarily due to a "decrease in income from operations", the firm said. China's ...

Alibaba on Thursday reported a 1.7% rise in fourth-quarter revenue, missing analysts' estimates, as heavy ⁠spending ⁠on one-hour delivery a...

Alibaba posted 26% cloud revenue growth to 33.4 billion yuan, fueled by heavy AI investment, even as weaker ecommerce sales dragged overall...

China's Alibaba missed market estimates for quarterly revenue on Friday as the company's e-commerce business grapples with tough competitio...

Alibaba executives expressed coolness about the near-term potential of IPOs for Cainiao logistics and Freshippo. Alibaba is considering sel...

The results come as China clamps down on founder Jack Ma's sprawling business empire, having forced the suspension of a blockbuster $37 bil...

Gross merchandise volume - a key metric - grew at a solid 29 per cent.