Alibaba's stock surge and AI breakthroughs: Alibaba's stock has surged 50% from its January lows, driven by AI advancements and a strategic partnership with Apple. The company's Qwen AI model has ...

Jefferies noted that Alibaba Cloud's Qwen AI system now powers a large percentage of the leading open-source large language models. Moreover, the latest version of Qwen performed better than ...

Due to local regulations, Apple needs a Chinese partner to offer its AI services in China. It had been expected to work with ...

The run-up came after the Post reported on Tuesday that Alibaba struck a deal with Apple to help the US company apply AI technologies to its smartphones in China through the Qwen AI model ...

Alibaba “feels extremely honoured to be able to do business with a great company like Apple”, Tsai said during the World Governments Summit held in Dubai this week. Tsai’s comments were the ...

Since the advent of ChatGPT, Alibaba has invested in a clutch of China’s most promising startups, including Moonshot and Zhipu. And it prioritized the expansion of the cloud business that ...

Speaking at the World Government Summit in Dubai, Tsai revealed that Apple engaged with multiple Chinese AI providers before choosing Alibaba’s Qwen model for its localized AI strategy.

Shortly after Chinese startup DeepSeek unveiled an AI model in January that stunned Wall Street, Alibaba unveiled its latest version of its Qwen AI model, saying it was better than its competitor ...

Alibaba has become a Chinese AI favourite among investors early in 2025, with its stock price up more than 40% so far this year. The firm in late January released a new version of its Qwen 2.5 ...