Alibaba

Jack Ma buys Alibaba stock in show of support for AI buildout

2026-08-26T00:22:23.000Z
Alibaba’s American depository receipts tumbled 8.6% on Aug 21, making it the worst single-day decline in more than a year, even as US-listed Chinese names rose.
THE BOTTOM LINE

Alibaba’s US$10 billion share sale does not stun just Michael Burry

2026-08-25T08:59:26.000Z
The share placement comes a week after Alibaba reported quarterly net profit that fell 75% from a year earlier due primarily to AI-related spending.

Alibaba shares slide after US$10.2 billion AI share sale offered at sharp discount

2026-08-24T08:19:43.000Z
Alibaba intends to use the proceeds to invest in full-stack AI capabilities, including by expanding and enhancing its infrastructure. 

Alibaba raises US$10 billion in record Hong Kong share sale

2026-08-24T07:58:25.000Z
Alibaba’s Qwen is among China’s recent roll-out of increasingly capable AI models.

Mystery AI model Ox Alpha draws developers with free access

2026-08-23T06:40:52.000Z
Revenue for the quarter ended June reached almost 269 billion yuan (US$40 billion), broadly in line with the average analyst estimate.

Alibaba’s revenue climbs 9% in testament to China’s AI boom

2026-08-20T10:33:23.000Z
Alibaba aims to reach US$100 billion in AI revenue in five years.

Alibaba said to be selling gaming arm for US$1.5 billion in boost to AI pivot

2026-08-17T02:18:19.000Z
Alibaba’s download data for Qwen makes it “one of the largest foundations of the open AI ecosystem,” said a new Hugging Face report.

Alibaba’s Qwen hits 3 billion downloads, outpacing China and US AI rivals

2026-08-16T08:41:48.000Z
Apple has previously leaned towards domestic partners’ models to bring generative AI to iPhones and other devices sold in China.

Apple trains its own AI model for China market with Alibaba’s support: sources

2026-08-14T05:20:53.000Z
Alibaba shared results showing Qwen3.8-Max delivering comparable or sometimes better scores than Anthropic’s Fable 5.

Alibaba releases new Qwen AI model with performance rivalling Anthropic’s Fable

2026-08-03T05:24:36.000Z