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ALIBABA CLOUD UNIT
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'...- Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
- 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...
- 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 ...
- Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
- Thursday Motivation by Jack Ma: 'Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be...'Jack Ma, Alibaba co-founder, faced many rejections before internet success. His quote "Never give up" reflects his belief in overcoming har...
- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- Alibaba Token Hub to consolidate, boost Group’s AI strategyAlibaba Group has launched the Alibaba Token Hub (ATH), an AI-focused business division led by CEO Eddie Wu, consolidating key AI assets li...
- Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueAlibaba's concerns over the US export curbs announced by Washington in October come on the heels of similar worries raised this week by Chi...
- New Alibaba Group CEO lays out strategic priorities for staffNew Alibaba Group CEO Eddie Wu has told staff the tech giant's two main strategic focuses going forward will be "user first" and "AI-driven...
- How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
- Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPOAlibaba's stock fell over 4% in Hong Kong after ex-CEO Daniel Zhang resigned from the company's cloud computing unit. Concerns have arisen ...
- Alibaba's cloud division eyes state firms for up to $3 billion fundraisingAlibaba Group Holding Ltd's cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the bus...
- Alibaba's DingTalk will split from Cloud business groupThe sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednes...
- Alibaba's cloud unit brings Meta's AI model Llama to its clientsAlibaba's cloud computing division said it has become the first Chinese enterprise to support Meta's open-source artificial intelligence (A...
- How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
- Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO, Joseph Tsai to take over as chairmanZhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has since December been concurrently serving as th...
- Alibaba Cloud cuts prices by up to 50% for core, storage productsAccording to Alibaba Cloud's website, prices for elastic computing services - the ability to quickly expand or decrease processing - using ...
- After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
- US is said to examine Alibaba's cloud unit for national security risksThe focus of the probe is on how Alibaba's cloud unit stores US clients' data, including personal information and intellectual property, an...
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