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DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...- Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
- Alibaba unveils new AI chip in push for domestic alternativesAlibaba has launched its new Zhenwu M890 AI chip, offering triple the performance of its previous model. This development is part of China'...
- Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
- China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
- Tencent seizes momentum in China’s AI race against AlibabaTencent in just the past week introduced several signature products aimed at tapping a national enthusiasm for AI agents like OpenClaw — au...
- Alibaba launches Qwen3.5; claims cheaper model with advanced linguistic capabilitiesPer Chinese tech giant Alibaba, the new version is designed to handle AI agent tasks and can process text, images, and video inputs. Lunar ...
- Alibaba's overloaded AI chatbot stops issuing coupons, asks shoppers for patienceSince last month, Alibaba has sought to make Qwen a one-stop shop where users can access its other apps directly in the chatbot and complet...
- Alibaba upgrades Qwen app to order food, book travelThe new features, now in public testing in China, enable users to complete such tasks entirely within the AI chat interface, without switch...
- 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...
- 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...
- Alibaba launches open-source AI coding model, touted as its most advanced to dateAlibaba has released Qwen3-Coder, its most advanced open-source AI coding model. Designed for high-performance software development, it han...
- Alibaba launches new Qwen3 AI models for Apple's MLX architectureThe new models would be able to run on a range of Apple devices, including iPhone, iPad, MacBook and Mac, Alibaba said.
- Elon Musk’s xAI to roll out Grok 3.5 beta to SuperGrok subscribers, takes on Alibaba’s Qwen3Elon Musk’s xAI will soon release the beta version of Grok 3.5 to SuperGrok subscribers, positioning it against Alibaba’s newly launched op...
- Alibaba unveils advanced Qwen 3 AI as Chinese tech rivalry intensifiesAlibaba has launched Qwen 3, an upgraded AI model with hybrid reasoning abilities, amid rising competition in China’s AI sector. The releas...
- 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...
- Qwen AI model by Alibaba offers low-cost alternative to DeepSeekResearchers from Stanford University and the University of Washington, including Chinese-American “AI godmother” Li Feifei, have recently p...
- Alibaba launches advanced AI model Qwen2.5-Max to rival GPT-4Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that...
- DeepSeek is the primer; here are other Chinese AI chatbots launched recently to take on Silicon Valley titansDeepSeek and other Chinese AI companies like MiniMax, Qwen, and Tencent's Hunyuan3D have showcased China's growing AI power in response to ...
- Alibaba releases AI model it claims surpasses DeepSeek-V3The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar New Year when most Chinese people are off work and with the...
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