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Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category. Alibaba Alibaba‘s artificial intelligence-powered smart glasses went on sale on Thursday as the Chinese tech giant looks to ramp up its focus on consumer AI in … Read more
Alibaba showcase its AI technology application achievements from Alibaba Cloud at the World Artificial Intelligence Conference in Shanghai, China on July 26, 2025. Cfoto | Future Publishing | Getty Images Alibaba delivered better than expected revenue in its fiscal second quarter as sales in its key cloud computing division accelerated. Here’s how the company did … Read more
On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What followed was four years of … Read more
Alibaba Group Holding Limited (NYSE: BABA) is expected to report mixed results for the second quarter, with analysts forecasting a modest increase in revenues and a decline in adjusted earnings. The core e-commerce business faces pressure from cautious consumer spending and economic uncertainties. Meanwhile, the company’s booming cloud business remains a key growth driver. BABA … Read more
BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did … Read more
Key Takeaways ARK Invest, led by Cathie Wood, purchased 157,731 additional shares of Alibaba on November 11. The acquisition is part of Ark Invest’s ongoing strategy to focus on AI-driven companies. Share this article ARK Invest, the investment firm led by Cathie Wood, acquired 157,731 additional Alibaba shares on Tuesday. The purchase represents a continued … Read more
Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category. Alibaba Alibaba on Thursday announced pricing for its upcoming artificial intelligence glasses and launched a new chatbot powered by its latest AI models. The Chinese technology … Read more
Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years. CNBC | Evelyn Cheng SHANGHAI — Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday. The Chinese tech giant … Read more
Alibaba‘s Hong Kong-listed shares surged on Wednesday to reach their highest point since 2021 after the company said it will invest more in artificial intelligence and rolled out new AI products and updates. Shares of the company jumped over 6%, while its total gains year to date rose above 107%. The tech giant plans to … Read more
Key Takeaways ARK Invest, led by Cathie Wood, bought Alibaba shares for the first time since 2021. Alibaba’s stock is up 97% year-to-date in 2025, reflecting a resurgence in Chinese tech. Share this article ARK Invest purchased shares of Alibaba Group Holding Ltd. for the first time in four years today, marking founder Cathie Wood’s … Read more
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