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Xpeng's robotics unit valued at over $6.3 billion after record funding roundThe proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build...- 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 Markets | Japan's Nikkei weighed down by AI stocks ahead of Nvidia earningsThe Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflat...
- Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concernsChina and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns...
- 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...
- Global Market Today: Asian stocks dip with AI in focus, oil declinesMSCI’s Asia Pacific equities gauge dipped 0.1%, with the Kospi Index in South Korea — a bellwether for AI investments — falling 1.2%. Howev...
- Ox Alpha stealth model appears on OpenRouter, sparks guessing game over its creatorOx Alpha, an unidentified AI model that recently appeared on OpenRouter as a “stealth model”, is drawing attention from developers because ...
- 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...
- Nvidia denies report it is rolling out China AI chip by year-end"The reporting in The Information on Nvidia's LPU is incorrect. We have no LPU sales in the China market today, and no China-specific LPU...
- 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...
- 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....
- Resilient Asset to offload 4.98% stake in Paytm parentResilient Asset Management plans to sell nearly five percent of Paytm shares. This stake sale is valued at approximately five thousand cror...
- 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...
- 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 ...
- 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...
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