The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Chinese stocks tumbled in US trading on Monday, led by the biggest selloff in Alibaba Group Holding Ltd. since 2022, after ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

The introduction of QwQ-Max-Preview comes as Alibaba pledges to invest US$53 billion on cloud and AI infrastructure in the ...

The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...

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Trump directed a US agency to limit Chinese spending on technology and other strategic US sectors. Read more at ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...