Alibaba launches AI platform for enterprises as agent craze sweeps ChinaAlibaba has launched Wukong, an artificial intelligence platform for businesses. This new tool aims to automate complex tasks like document...
25 May, 2026, 04.14 PM IST
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'...
20 May, 2026, 10.53 AM IST
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...
13 May, 2026, 07.26 PM IST
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
13 May, 2026, 03.24 PM IST
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
13 May, 2026, 03.16 PM IST
Alibaba to integrate Qwen AI with Taobao, launch agentic shopping, source saysAlibaba is set to launch a new way to shop. Its AI platform Qwen will connect with Taobao. Consumers can chat with the AI to find and buy p...
10 May, 2026, 10.15 AM IST
DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
06 May, 2026, 08.52 PM IST
The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
06 May, 2026, 09.44 AM IST
Prices of Nvidia's B300 server at $1 million in China on US curbsNvidia's B300 servers have skyrocketed in price to around one million dollars each in China, fueled by an insatiable appetite for AI comput...
30 Apr, 2026, 01.06 PM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
24 Apr, 2026, 11.23 PM IST
Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation: ReportChinese tech giants Tencent and Alibaba are reportedly in talks to invest in AI startup DeepSeek. The company is aiming for a valuation exc...
22 Apr, 2026, 06.09 PM IST
Alibaba develops next-gen chip for agentic AI, Chinese media saysThe 3.2 GHz server chip, built using open-source RISC-V chip architecture, was billed as "the highest performing RISC-V CPU in the world"...
24 Mar, 2026, 11.08 AM IST
Alibaba launches latest agentic AI platform with international unit's Accio WorkAlibaba is stepping up its global push in agentic AI. Its international commerce division has launched Accio Work, an AI taskforce designed...
23 Mar, 2026, 06.51 PM IST
Alibaba pins hopes on AI as quarterly net profit dropsNet 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 ...
19 Mar, 2026, 04.29 PM IST
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...
18 Mar, 2026, 09.14 AM IST
Alibaba launches AI platform for enterprises as agent craze sweeps ChinaThe platform, called Wukong, can coordinate multiple AI agents to handle complex business tasks including document editing, spreadsheet upd...
17 Mar, 2026, 09.07 AM IST