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Alibaba proposes $10 billion share placement to fund global AI driveThe Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the...- 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...
- Global Market: Trump-backed World Liberty partners with platform offering Chinese AI modelsTrump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers access to Chinese and US AI models. The ...
- How Trump and his family are profiteering from Chinese AI which his administration labels as dangerous for the USAmid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...
- Trump crypto firm backs venture offering AI from restricted Chinese companiesWorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment....
- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gapChinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
- Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
- 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...
- ETtech Explainer: The food delivery duopoly vs disruptorsNew players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower rest...
- Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
- 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...
- Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
- Seoul Semicon’s India plans; Specialty healthcare attracts VCsSouth Korea's Seoul Semiconductor is planning a manufacturing foray in India. This and more in today's ETtech Top 5.
- 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...
- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraiseChinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including...
- India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
- US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
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