Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
BofA Securities on Thursday noted two key recently announced AI scale-up interconnect protocols: Nvidia Corp’s (NASDAQ:NVDA) NVLink Fusion and the Advanced Micro Devices, Inc (NA
To boost sales in China, Apple Inc. (NASDAQ: AAPL) has raised the trade-in prices for iPhones in the country. This move comes as the tech giant faces intensified competition from local rivals.
Weibo Corp (WB) reported Q1 results, with revenue of $396.9 million, up 0.34% Y/Y. Adjusted EPS of 45 cents beat analyst estimate of 38 cents. MAUs were 591 million. CEO Wang focused on integrating social features and AI technology for product competitiveness and shareholder return.
Alibaba Group Holding Ltd. has unveiled ZEROSEARCH, a groundbreaking framework designed to dramatically reduce training costs for large language models, potentially transforming the economics of AI development.
David Sacks and OpenAI CEO Sam Altman defended Donald Trump's AI chip deals with Gulf states, calling them a strategic win over China despite bipartisan concerns about national security risks.
The New York Times reports that U.S. officials are worried the deal could boost Chinese AI capacity, spread censored chatbots, and deepen Apple's exposure to Beijing's data and censorship laws.
Alibaba Group reported mixed fourth-quarter fiscal 2026 results, beating earnings estimates while lagging on revenues. Investors should take a close look at ETFs having the largest allocation to this Chinese e-commerce giant.