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EXPLAINED: 3 - The Real Truth

Chinese AI drives price competition among US labs

A new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to grab market share as they try and find ways to turn a profit. New Chinese AI models big and small, from Moonshot AI's Kimi K3 to Alibaba's popular Qwen series,…

The Economic Times

New AI rules leave Chinese users mourning their virtual boyfriends and girlfriends

ByteDance, Alibaba and Tencent have pulled their AI companion apps after Beijing introduced rules aimed at protecting users' mental health and preventing emotional manipulation, particularly among children and teenagers.

Euronews

Apple says Mac users in China can connect to Alibaba's Qwen AI service

Apple published a guide for Chinese Mac users to connect Alibaba's Qwen AI service. This integration allows enhanced Siri responses and Writing Tools capabilities for users. The arrangement aims to boost Apple's competitive edge in China's AI PC market. Domestic rivals like Lenovo and Huawei are already promoting their own…

The Economic Times

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Alibaba's Next Qwen AI Model May No Longer Be Free for Large Enterprises as It Eyes Moonshot Kimi K3-Like Revenue-Sharing Strategy: Report

Alibaba Group Holding Limited (NYSE:BABA) is reportedly preparing to introduce a revenue-sharing model for large commercial users of its upcoming open-source Qwen AI model.

Benzinga

Alibaba plans to charge big users of its next open-source AI model

Like last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet's Google have closed-source models.

The Economic Times

Alibaba Qwen Update Sends Clear Signal on AI Chip Resilience

Alibaba's latest Qwen model rivals top U.S. AI systems and now powers Apple devices in China, showing its chip strategy is paying off.

Barchart

What New Tesla Vehicle Tests Mean for Alibaba Stock

Alibaba’s stock has found a fresh catalyst after reports suggest Tesla is evaluating its Qwen model in China.

Barchart

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The AI Chip Blockade Is Creating a Shadow Market

US export controls have spurred a multi-billion-dollar AI chip gray market in Southeast Asia, with firms like Moonshot and Alibaba using proxy cloud access to secure NVIDIA-based compute.

MarketBeat

Global Market: China stocks rebound on AI, chip rally; Hong Kong shares slip

Chinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technology rally lifted sentiment. While mainland markets advanced, Hong Kong shares slipped despite gains in Alibaba, with investors also weighing slower manufacturing growth and broader regional market trends.

The Economic Times

Tech Brief (Aug. 4): Alibaba Launches New Large Model to Power Enterprise-Facing AI Agent

Ant Group’s embodied AI subsidiary seeks independent funding, MiniMax open-sources video generation model H3

Caixin Global

Alibaba's new Qwen AI claims to match unsupervised working skills touted by Claude

Alibaba's Qwen team says its newest model can design a computer chip and rewrite a research paper — all without a human watching over it, matching skills its rival Anthropic already claims for Claude.

Euronews

Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI model

Chinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong's technology sector outperformed after Alibaba unveiled its latest AI model. Investors also remained cautious after fresh data showed China's manufacturing activity expanded at its slowest pace in four months.

The Economic Times

DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm says

A version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models globally and more than 100 times cheaper to run than Anthropic's Claude Fable 5, according to a research firm.

The Economic Times

Alibaba unveils its most capable AI model to date, not far behind Moonshot's in size

Chinese tech companies - a huge force in open-weight AI models globally - are locked in a fierce and fast-moving battle to build more powerful systems without ‌making them prohibitively ⁠expensive ⁠to run.

The Economic Times

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Fortune

Despite China's 996 culture, DeepSeek founder Liang Wenfeng says his workers don't do overtime or even have KPIs: ‘No one manages them’

While Silicon Valley races to adopt China's brutal 996 culture, DeepSeek's founder says his $60 billion AI company has no KPIs and no overtime.

Benzinga

Alibaba Stock Is Soaring Friday: What's Going On?

Alibaba Group Holding Ltd. (NYSE:BABA) stock climbed nearly 5% on Friday as investors rotated into consumer discretionary stocks and optimism around the company’s artificial intelligence investments added to the momentum.

The Economic Times

Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reports

Chinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their models. Moonshot recently unveiled its Kimi K3 model, a large open-weight AI system. US export controls create computing power constraints for Chinese companies. Moonshot is seeking additional chips to train…

The Economic Times

AI data centre supplier Zhongji InnoLight tumbles on Hong Kong debut

Shares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising at least US$6.8 billion in the city's biggest IPO for seven years, driven by a demand for AI components. The Shenzhen-listed firm priced its shares at HK$980 on…

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Bangkok Post

AliExpress hit with $629m EU fine over sales of illegal, counterfeit products

BRUSSELS - Alibaba's AliExpress was hit with a record €550 million (US$629 million) fine by the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform.

International Business Times

Chinese AI Company Moonshot Has Achieved Major Milestones. The White House Accused Of Taking From Anthropic

A White House official accused Moonshot AI of distilling Anthropic's Fable model to help develop K3, which made key technological breakthroughs.

Barchart

How to Play BABA Stock as Alibaba Unveils New Qwen AI Model

BABA stock jumped after Qwen AI landed on Apple devices in China, adding fresh proof its AI push is paying off. Here's what it means.

Caixin Global

Tech Brief (Jul. 22): Alibaba Unveils Latest Image Generation Model

Chipmaker Horizon Robotics forecasts better-than-expected first-half revenue, robotics startup Shouxing Technology closes A2 funding round

Barchart

3 Hong Kong AI Stocks to Buy Now If You Want to Invest Like Michael Burry

Michael Burry is turning bullish on beaten-down Hong Kong AI stocks, JD.com, Alibaba, and Tencent, which could offer compelling long-term upside as the AI race enters its next phase.

Tom’s Hardware

China is considering export controls on AI technologies, including banning local companies from using TSMC, report claims — restrictions would also cover advanced AI models, training data, and overseas acquisitions

China's Ministry of Commerce (MofCom) considers to restrict exports of advanced AI models, training data, and overseas acquisitions of strategically important technology companies; prohibit usage of foreign semiconductor manufacturing services.

International Business Times

American AI Companies Have Accused Chinese Counterparts Of Stealing. The Trump Admin Could Take Measures

Treasury Secretary Scott Bessent said the U.S. could sanction China over the "theft" of American AI models.

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