Alibaba Adds $123 Billion in Value in Stunning Comeback Rally
It’s been Alibaba’s day, week and month. The company has added $123 billion in market value in February, helped by a DeepSeek-driven rally in Chinese tech stocks, its tie-up with Apple to roll out AI features in China and Beijing’s rehabilitation of co-founder Jack Ma.
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
CEO said the pursuit of artificial general intelligence is the company's primary objective when it comes to their AI strategy ...
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...
Due to local regulations, Apple needs a Chinese partner to offer its AI services in China. It had been expected to work with ...
DeepSeek’s advances have roiled global stock markets and AI players. Now, its influence is spreading quickly at home, with ...
OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying ...
recent reports revealed that Alibaba's market value surged by an impressive $24.2 billion overnight, sparking widespread curiosity about the factors behind this remarkable growth. Simultaneously, ...
Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global ...
Apple partners with Alibaba to develop AI features for iPhone users in China. Apple lost market share in China and has ...
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are ...
On Feb 20, Alibaba reported a faster-than-projected 8 per cent rise in sales to 280.2 billion yuan (S$51.6 billion) in the ...
Upbeat earnings by big tech companies have added to a recent rally driven by Xi Jinping’s meeting with top corporate ...
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