U.S. World Business Lifestyle
Today: August 24, 2026
Today: August 24, 2026

Alibaba

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

China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount to fund

Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount
Business|Economy|Finance|Stock Markets|Technology

Alibaba shares fall 8% after $10 billion Hong Kong share sale

Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at

Alibaba shares fall 8% after $10 billion Hong Kong share sale
Business|Economy|Technology|World

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.

Alibaba launches $10 billion Hong Kong share placement to fund AI spending
Business|Economy|Science|Technology|World

Alibaba quarterly profit drops 75% as AI investment spending grows

China's Alibaba reports a 75% drop in profit for the latest quarter from the year before to roughly $1.6 billion as it invests heavily in AI infrastructure

Alibaba quarterly profit drops 75% as AI investment spending grows
Business|Economy|Science|Technology

Trump crypto firm backs venture offering AI from restricted Chinese companies

President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models

Trump crypto firm backs venture offering AI from restricted Chinese companies
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Apple trains its own AI model for China market with Alibaba's support, sources say

Apple has trained a large language model specifically for the China market, three people familiar with the matter said, a departure from the iPhone maker's strategy of relying on

Apple trains its own AI model for China market with Alibaba's support, sources say
Business|Science|Technology

DeepSeek launches V4 Pro at prices up to 14 times higher than V4 Flash

Chinese artificial intelligence startup DeepSeek formally released its V4 Pro model on Thursday, pricing it several times higher than its V4 Flash model

DeepSeek launches V4 Pro at prices up to 14 times higher than V4 Flash
Business|Science|Technology|World

Apple Intelligence AI service registered with Chinese cyberspace regulator

China's cyberspace regulator said on Wednesday that Apple's on-device generative AI service, Apple Intelligence, has been registered for use on

Apple Intelligence AI service registered with Chinese cyberspace regulator
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China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports

China is planning to allow the country's top AI companies to buy a limited number of Nvidia's H200 chips, the Information reported on Wednesday, citing two people with direct

China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports
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Beijing is looking at curbing overseas access to China's top AI models, sources say

Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access to China's most advanced AI

Beijing is looking at curbing overseas access to China's top AI models, sources say
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Alibaba to ban employees from using Anthropic's coding tool, source says

Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for features that can help

Alibaba to ban employees from using Anthropic's coding tool, source says
Business|Crime|Economy|Health|World

Alibaba to pay $600 million to resolve US drug sales probe

Chinese ‌technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve

Alibaba to pay $600 million to resolve US drug sales probe
Business|Crime|Science|Technology

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

U.S.

Anthropic says Alibaba illicitly extracted Claude AI model capabilities
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Alibaba sues the US Defense Department in a bid to remove 'Chinese military company' designation

Alibaba has sued the U.S. Department of Defense, demanding removal from a list naming it a Chinese military company

Alibaba sues the US Defense Department in a bid to remove 'Chinese military company' designation
Business|Economy|Technology|World

Alibaba sues US for being linked to Chinese military

Alibaba, the Chinese technology and e-commerce giant, sued the U.S. government on Tuesday over being placed on a list of businesses from China

Alibaba sues US for being linked to Chinese military
Business|Economy|World

China opposes US move to list top firms as military companies

China says it firmly opposes the U.S. adding several prominent Chinese businesses to its list of military-linked companies

China opposes US move to list top firms as military companies
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US says BYD, Baidu, Alibaba and other tech giants are aiding China's military

The United States on Monday added Chinese e-commerce giant Alibaba, internet search provider Baidu, and

US says BYD, Baidu, Alibaba and other tech giants are aiding China's military
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Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military

The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies

Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military
Business|Economy|Science|Technology|World

Alibaba unveils new AI chip in push for domestic alternatives

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia

Alibaba unveils new AI chip in push for domestic alternatives
Business|Economy|Technology|World

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'

China's Alibaba said it would exceed its planned AI investment of up to 380 billion yuan ($55.96 billion) over the next three years, as early

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'
Business|Economy|Technology

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow

China's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow
Business|Economy|Food|World

KFC China grows on delivery boom but faces tighter margins

An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins. 

KFC China grows on delivery boom but faces tighter margins
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Microsoft must face $2.8 billion UK lawsuit over cloud computing licences

Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon,

Microsoft must face $2.8 billion UK lawsuit over cloud computing licences
Business|Economy|Finance|Stock Markets|World

Wall Street edges higher in a wobbly start to 2026

U.S. stocks mostly edged higher on Wall Street in a wobbly start to the new year

Wall Street edges higher in a wobbly start to 2026