Alibaba's new 27-billion parameter model, Qwen3.8-27B, has matched the performance of OpenAI's GPT-5.6 Luna in recent benchmarks by Artificial Analysis, outperforming several mid-tier and high-end competitors in agentic workflows.
Global chip stocks shed US$3 trillion in market value following the repricing of scarcity and the assumption that the most capable AI systems would remain American and controllable.
Alibaba Group sells its gaming subsidiary Lingxi Games to Trustar Capital, part of a strategy to focus on core sectors like e-commerce, cloud computing, and AI, following the divestment of other non-core assets.
Alibaba signed a strategic cooperation framework agreement in Guangzhou on Thursday to increase investments in computing power, AI models, and digital services in Guangdong province.
Alibaba releases core files of Qwen3.8-Max AI model for free download, requiring large companies (>$50M revenue) to purchase a commercial license for external use.
Alibaba Cloud reduced large-scale AI data centre delivery times to 100 days using its CUBE 5.0 system, compared to standard domestic times of six to 12 months.
Los Angeles yoga brand Alo Yoga will launch its first online flagship store on Alibaba's Tmall on Wednesday, preceding physical stores in China and entering the competitive athleisure market.
Chinese e-commerce giant JD.com has launched an AI-powered smart helmet for its food couriers, integrating a voice assistant and camera to enhance safety and efficiency. This initiative follows similar roll-outs by rivals Alibaba and Meituan, aiming to minimize distractions and improve navigation for riders.
Alibaba has made its next-generation flagship AI model, Qwen3.8-Max, widely accessible to global users ahead of an open-weights release. The 2.4-trillion-parameter, multimodal model supports agentic tasks and signals Alibaba's renewed focus on open-sourcing and competition with US AI labs.
Alibaba Group Holding's mapping unit, Amap, has upgraded its ABot AI framework, which unifies a robot's core functions into a single system. The new framework features five specialized foundation AI models designed to overcome the industry's challenge of siloed, independently operating robot models.
Ant International, an affiliate of Chinese fintech giant Ant Group, has raised approximately US$1.2 billion in a Series A funding round. The Singapore-based company, backed by Ant Group and Alibaba, plans to use the capital to accelerate global expansion and drive innovation in merchant payments and financial services.
The European Commission has fined e-commerce firm AliExpress for failing to diligently assess and mitigate systemic risks related to illegal, unsafe, and counterfeit products on its platform, violating the Digital Services Act. AliExpress, a subsidiary of Alibaba, has expressed surprise and disagreement with the "disproportionate" fine, vowing to appeal the decision.
Ant Digital Technologies, Alibaba's fintech affiliate, launched "Agentar 2.0," an upgraded AI agent platform featuring 200 digital expert templates. CEO Cyril Han Xinyi stated the platform aims to restructure enterprise workflows for collective productivity, moving beyond individual task acceleration.
Alibaba has previewed its Qwen3.8 AI model, claiming it's "second only" to Anthropic's Claude Fable 5 with 2.4 trillion parameters. This launch, coinciding with China's top AI summit, highlights the country's push to match US AI leaders.
Alibaba's T-Head open-sources its AI chip software stack to challenge Nvidia's CUDA dominance, aiming to boost developer adoption and China's tech self-sufficiency amid US-China rivalry.
UBS analysts forecast strong June quarter results for Alibaba, citing improved e-commerce margins, reduced food delivery losses, and accelerated cloud growth. The market is expected to refocus on Alibaba's valuable AI assets, with AI model services projected to reach 10 billion yuan in annual recurring revenue.
China is leveraging its manufacturing prowess to develop affordable, "good enough" AI models for mass adoption, mirroring strategies used for solar panels and EVs. This approach, utilizing open-weight models, shifts value creation to those who adapt the technology, potentially challenging US AI dominance.
Petróleo Brent e WTI sobem 2,6% com cotações a US$ 76,09 e US$ 72,25, respectivamente. Mercados asiáticos apresentam desempenho misto, com bolsas chinesas em alta impulsionadas por ações de tecnologia e IA, enquanto Tóquio, Seul e Austrália registram quedas.
Alibaba vice-president Qi Xiaoning stated that global tech firms, including those from the US, China, India, Brazil, and Europe, are collaborating on the open-standard RISC-V chip architecture despite US-China tech rivalry. He emphasized that this cooperation fosters friendship and trade.
A California judge has temporarily blocked the Department of Defense from enforcing a lobbying ban on Alibaba, allowing the company to communicate with the Pentagon while its constitutional challenge to the restriction is considered.
China's new AI regulations, effective July 15, target chatbots simulating human personality and emotional interaction. The rules aim to mitigate risks like privacy leaks and addiction, excluding customer service bots and research tools.
Tencent, Alibaba, Meituan, and Xiaomi are initiating large share buy-back programs to counter low stock prices and investor skepticism. Analysts suggest the sector may be nearing a bottom, with companies using buy-backs and leadership appearances to restore market confidence.
Alibaba Group has cut prices for its Qwen AI models by up to 80% on its Qoder coding platform, aiming to attract global developers, particularly in the US, and compete with rivals like Anthropic and Zhipu AI. The "off-peak" discount is strategically timed for American workdays.
Alibaba Group Holding has sued the US Department of Defence to be removed from a blacklist of companies supporting China's military. The tech giant claims the Pentagon's action violated constitutional due process and free speech rights.
