MIAMI--(BUSINESS WIRE)--Picsart and Alibaba to launch the first Happy Horse Awards - a global competition inviting creators to produce original AI-generated short films.
China's economy is sending mixed signals – retail sales growth in April hit its weakest level since the Covid-19 era, and broader consumer sentiment remains subdued. Yet within that fog, a sharper p
BABA sees AI cloud demand driving fiscal 2027 growth, as enterprise AI adoption accelerates and cloud revenues gain momentum.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe
Wedbush Securities has added Datadog Inc (NASDAQ:DDOG) and SK Hynix (KRX: 000660) to its closely watched IVES AI 30 list, citing the memory super-cycle and...
The AI industry has fully entered the "agent era," a paradigm where AI models do far more than generate text — they now actively plan, execute, and course-correct complex tasks over days rather than
Despite the Q4 revenue miss, BABA's transition from traditional e-commerce to AI and quick commerce continues and is expected to reach a key inflection point in FY2027. Weak 1.2% YoY growth in CMR rev
Alibaba (BABA) is deepening its AI hardware push with the launch of the Zhenwu M890, a new AI accelerator from its T-Head chipmaking unit that adds another laye
NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL) were recommended as final trades on CNBC's Halftime Report.

Alibaba Is Becoming An AI Giant

07:09am, Wednesday, 20'th May 2026
Alibaba Cloud revenue surged 40% YoY, while AI products now contribute roughly 30% of total cloud revenue. AI revenue run rate exceeded RMB36 billion as enterprise token consumption and inferencing de
Chinese tech giant unveils domestically built processor hours before the US chipmaker's hotly anticipated results Whether by coincidence or design, Alibaba chose to unveil its latest artificial intell
Alibaba's latest AI chip has given investors another reason to look past near-term profit pressure. The Chinese technology giant unveiled the Zhenwu M890 on May 19, a processor it says delivers three
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 processors ‌amid tightening U.S. e

Alibaba Unveils New AI Chip, Upgrades AI Model

11:39pm, Tuesday, 19'th May 2026
The Chinese company said the Zhenwu M890 delivers three times the performance of its predecessor.
Alibaba is updating its artificial intelligence offerings The new Zhenwu M890 chip delivers three times the performance of its predecessor, according to the company
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