#alibaba
Latest cryptocurrency news and articles about alibaba. Stay updated with developments, analysis, and insights.
Alibaba bets on Jack Ma’s comeback to regain market edge
During China’s sweeping crackdown on its tech sector, Alibaba Group Holding Ltd.’s internal forums buzzed with calls to “MAGA” — Make Alibaba Great Again. The company has turned to its most powerful w...
China's Alibaba and Baidu dump Nvidia for internally designed chips
Chinese technology giants Alibaba and Baidu have begun using their own chips to train artificial intelligence models, a move that shows Beijing’s drive for self-sufficiency in critical technologies an...
Alibaba is raising $3.2 billion through a zero-coupon convertible bond
Alibaba just threw $3.2 billion into the game with a new zero-coupon convertible bond that matures in 2032. The company made the announcement on Thursday, confirming that the cash will mainly go into ...
Global stocks rise on Oracle rally and Fed rate cut hopes
Global stocks pushed higher Wednesday morning after Oracle gave investors a reason to care, and the bond market started whispering about possible rate cuts. That’s what sent futures on the S&P 500 up ...
Alibaba's amap is launching an AI-powered “Street Stars” feature
Alibaba’s Amap is moving beyond basic navigation and into Meituan’s territory. It now ranks restaurants, hotels, and tourist spots in the app to help people choose where to eat, stay, and visit. The c...
Local price wars eat into Chinese e-commerce giants' profits
China’s biggest internet platforms are embroiled in a costly fight to dominate the “instant retail” market, the rapidly expanding business of getting groceries, takeaways and daily essentials to doors...
X Square Robot raises $100M in A+ round backed by Alibaba
Chinese humanoid company X Square Robot secured $100 million in an A+ round of funding led by Alibaba Cloud and CAS Investment on Monday. The firm’s Chief Operating Officer, Yang Qian, said the initia...
Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure
Nvidia chips remain in high demand in China despite U.S. export restrictions and pressure from the Chinese government for tech firms to rely less on American-made technology. The Jensen Huan-led chipm...