PERSPECTA

News from every angle

Results for "Alibaba"

200 stories found

Alibaba to Sell Gaming Arm Lingxi Games for Over $2 Billion
TechnologyReutersbloombergwsj+6SCMPmorningstarYahoostraits-timesseeking-alphakhaleej-times13h ago9 sources

Alibaba to Sell Gaming Arm Lingxi Games for Over $2 Billion

Alibaba is reportedly selling its gaming division, Lingxi Games, in a deal valued at over $2 billion, as the tech giant shifts its strategic focus towards AI and e-commerce. This move signifies a major divestment from its gaming ventures.

Global Stock Markets Experience Fluctuations Amid Economic Factors
Businessiefimeridamoneycontrolinvesting-com18h ago3 sources

Global Stock Markets Experience Fluctuations Amid Economic Factors

Global stock markets are experiencing fluctuations, with the General Index in Greece seeing a 0.37% drop and the Sensex in India declining by 300 points. Elevated crude oil prices are cited as a key factor behind the market downturns, while Alibaba stock climbed.

Alibaba Shares Soar 27.4% in July
BusinessYahoo11d ago

Alibaba Shares Soar 27.4% in July

Alibaba's shares experienced a significant increase of 27.4% during the month of July. The article explores the reasons behind this substantial rise in the company's stock value.

Alibaba, Baidu Shares Surge on Reported Apple AI Partnership
Technologycnbcseeking-alpha1mo ago2 sources

Alibaba, Baidu Shares Surge on Reported Apple AI Partnership

Shares of Alibaba and Baidu rallied significantly in Hong Kong following reports of a potential artificial intelligence partnership with Apple. Investors reacted positively to the news, driving up the stock prices of both Chinese tech giants.

Alibaba to Pay $600 Million to Settle US Illegal Drug Sales Probe
BusinessBBCbloombergNYT+12Fox NewsSCMPirozhlasBusiness InsiderThe Independentklix-bandtvchannel-news-asia+4 more1mo ago15 sources

Alibaba to Pay $600 Million to Settle US Illegal Drug Sales Probe

Alibaba and its US payments unit have agreed to pay $600 million to settle a US Department of Justice probe into allegations of facilitating illegal drug and drug paraphernalia sales. This settlement addresses charges that the e-commerce giant allowed such transactions on its platforms.

Anthropic Accuses Alibaba of Illegally Copying AI Data, Seeks US Action
Businessberlingskela-vanguardiaindian-express1mo ago3 sources

Anthropic Accuses Alibaba of Illegally Copying AI Data, Seeks US Action

AI company Anthropic has accused Alibaba of illegally and massively copying data from its Claude AI model, seeking tougher action from US authorities. This accusation points to a potential intellectual property dispute in the artificial intelligence sector.

Alibaba Sues Pentagon Over Blacklist Designation
BusinessBBCbloombergNYT+14FTAl Jazeerale-figaroSCMPtvn24digi24hindustan-timesjapan-times+6 more1mo ago17 sources

Alibaba Sues Pentagon Over Blacklist Designation

Chinese e-commerce giant Alibaba has filed a lawsuit against the U.S. Pentagon, seeking its removal from a blacklist that designates it as a 'Chinese military company.' Alibaba asserts that it is not a military company and the designation is unfounded.

Michael Burry Bets on Chinese Stocks, Warns of US AI Valuations
BusinessTimes of India2mo ago

Michael Burry Bets on Chinese Stocks, Warns of US AI Valuations

Michael Burry, known for predicting the 2008 housing crash, has increased his investment in Chinese e-commerce giant Alibaba, citing its AI strategy and buyback program as undervalued. He maintains a bearish stance on U.S. AI companies, warning of inflated valuations.

US Pentagon Adds Alibaba, BYD, and Other Chinese Firms to Military Company List
PoliticsBBCbloombergFT+27The GuardianNPRAl Jazeeracnbcnosle-figaroSCMPder-standard+19 more2mo ago30 sources

US Pentagon Adds Alibaba, BYD, and Other Chinese Firms to Military Company List

The U.S. Pentagon has added several major Chinese companies, including Alibaba, Baidu, and BYD, to a list of firms it alleges are collaborating with or supporting the Chinese military. This designation could lead to further restrictions and scrutiny from the U.S. government.

Xi Jinping Honors Serbian President Vučić Amid Deepening China-Serbia Ties
WorldbloombergNYTAl Jazeera+35DWle-figaroSCMPNHK Worldmorgunbladiddelfi-ltdelodigi24+27 more2mo ago38 sources

Xi Jinping Honors Serbian President Vučić Amid Deepening China-Serbia Ties

Chinese President Xi Jinping awarded Serbian President Aleksandar Vučić the Order of Friendship during his visit to Beijing, emphasizing the deepening cooperation between China and Serbia. This visit comes as Vučić faces political pressure at home and Western concerns about Serbia's growing alignment with China.

Alibaba Sells Gaming Arm to Boost AI Focus
TechnologyYahoo1d ago

Alibaba Sells Gaming Arm to Boost AI Focus

Alibaba is reportedly selling its gaming division for $1.5 billion, a strategic move aimed at bolstering its pivot towards artificial intelligence and strengthening its core technology investments.

Businessbenzinga2d ago

Consumer Tech News Roundup (Aug 10-14)

A summary of consumer technology news from August 10-14 includes updates on federal lawsuits faced by Donald Trump and the collaboration between Apple and Alibaba to develop an AI model for China.

Apple Developing AI Model for China with Alibaba Support
Technologyder-standardpublicocapital-bg+4japan-timesseeking-alphaRapplerexpress-tribune3d ago7 sources

Apple Developing AI Model for China with Alibaba Support

Apple is reportedly training its own artificial intelligence model specifically for the Chinese market, with support from Alibaba. This initiative aims to tailor AI capabilities for the unique demands of the region.

Businessbloombergseeking-alpha13d ago2 sources

Chinese AI Startups Consider Hong Kong IPOs

Chinese AI startups AI² Robotics and Alibaba-backed 3D-modeling startup Vast are reportedly considering initial public offerings (IPOs) in Hong Kong. This move signals a potential expansion for these technology companies in the financial market.

Chinese AI Models Catch Up to US Counterparts
Businessfaz28d ago

Chinese AI Models Catch Up to US Counterparts

New artificial intelligence models from China, including those from Moonshot and Alibaba, are reportedly closing the gap with leading US models from companies like Anthropic and OpenAI, causing shifts in the stock markets.

China's Moonshot AI Unveils Kimi K3 Model, Challenging US Rivals
TechnologyBBCbloombergNYT+16nzzcnbctagesschauberlingskemarketwatchBusiness InsiderYahoohindustan-times+8 more1mo ago19 sources

China's Moonshot AI Unveils Kimi K3 Model, Challenging US Rivals

Chinese AI startup Moonshot AI has unveiled its new Kimi K3 model, which it claims can rival leading US AI systems from OpenAI and Anthropic. The release has sparked discussions about China's growing capabilities in artificial intelligence and its potential impact on the global AI landscape.

Apple Intelligence Approved for iPhones in China
BusinessTimes of India1mo ago

Apple Intelligence Approved for iPhones in China

After two years, Chinese regulators have granted approval for Apple to release its artificial intelligence service, Apple Intelligence, on iPhones in the country, with Alibaba and Baidu serving as technical partners.

Alibaba Bans Employees from Using Claude Code Over Security Concerns
BusinessSCMPYahooTimes of India+2ndtvseeking-alpha1mo ago5 sources

Alibaba Bans Employees from Using Claude Code Over Security Concerns

Alibaba Group Holding has prohibited its employees from using Anthropic’s Claude Code for work, citing security risks. This decision follows reports of the US artificial intelligence firm's previous use of hidden code to track Chinese users, sparking widespread backlash and leading Alibaba to classify Claude Code as high-risk software.

Alibaba's Ant Group Invests in Humanoid Robotics
Businesscnbcseeking-alpha1mo ago2 sources

Alibaba's Ant Group Invests in Humanoid Robotics

Alibaba-affiliate Ant Group is rapidly expanding its investments in humanoid robotics, backing Zeroth Robotics and making a dozen deals in the sector within 18 months. This move signifies a strong push into AI ventures.

Anthropic Accuses Alibaba of Illicitly Accessing AI Models
BusinessBBCbloombergFT+14cnbcfazder-standardorfdie-presseBusiness Insiderforbeshotnews+6 more1mo ago17 sources

Anthropic Accuses Alibaba of Illicitly Accessing AI Models

AI company Anthropic has accused Chinese tech giant Alibaba of a large-scale, illicit attack to extract capabilities from its Claude AI models. This accusation has led to a significant drop in Alibaba's stock price.

Alibaba Launches AI Models for Enhanced Robot Autonomy
BusinessSCMPpublicoseeking-alpha2mo ago3 sources

Alibaba Launches AI Models for Enhanced Robot Autonomy

Alibaba has introduced its first suite of AI models specifically designed for robots, aiming to enhance their autonomy and capabilities in the physical world. This move signifies the company's expansion beyond chatbots into advanced robotics.

China Expresses Strong Dissatisfaction Over Pentagon's Military Firm List
Politicsbloombergcnbcindex-hr+6Yahoojutarnji-listTimes of Indiaindian-expressn1-bihchannel-news-asia2mo ago9 sources

China Expresses Strong Dissatisfaction Over Pentagon's Military Firm List

China has voiced strong dissatisfaction with the Pentagon's decision to expand its list of Chinese technology firms allegedly working with the Chinese military, including companies like BYD and Alibaba. Beijing warned against retaliation and stated its firm opposition to the US move.

Pentagon Lists Alibaba, Baidu, BYD as 'Chinese Military Companies'
Politicschannel-news-asia2mo ago

Pentagon Lists Alibaba, Baidu, BYD as 'Chinese Military Companies'

The Pentagon has updated its list of 'Chinese military companies,' now including major firms like Alibaba, Baidu, and BYD. Analysts suggest this reflects Washington's view on the link between China's commercial sector and military development amid escalating geopolitical competition.

Iran Launches Retaliatory Strikes on US Bases in Middle East
WorldbloombergThe GuardianAl Jazeera+62nzzruvtagesschaufazaftonbladetberlingskeDWle-figaro+54 more2mo ago65 sources

Iran Launches Retaliatory Strikes on US Bases in Middle East

Iran launched retaliatory missile strikes against US bases in the Persian Gulf region, escalating tensions in the Middle East. These attacks followed earlier US actions and led to increased military alerts in several countries.

OpenAI Files for US IPO, Joining Other AI Firms in Public Market Push
BusinessBBCbloombergNYT+43FTle-mondeThe GuardianAl Jazeeradr-dknrkcnbchelsingin-sanomat+35 more2mo ago46 sources

OpenAI Files for US IPO, Joining Other AI Firms in Public Market Push

OpenAI, the company behind ChatGPT, has officially filed for an initial public offering (IPO) in the United States, following in the footsteps of other AI giants like Anthropic. This move signals a growing trend of artificial intelligence companies seeking to enter public markets.

Alibaba Establishes New AI Unit 'Token Foundry'
BusinessSCMP2mo ago

Alibaba Establishes New AI Unit 'Token Foundry'

Alibaba Group Holding has created a new unit called Token Foundry, consolidating its model-development teams to accelerate efforts in commercializing artificial intelligence and unifying its business strategies.

PSG Champions League Victory Celebrations Marred by Violence and Arrests in Paris
WorldBBCThe Guardiandr-dk+38yle-uutisetfazberlingskeglobe-and-maille-figaroder-standardFrance 24rzeczpospolita+30 more2mo ago41 sources

PSG Champions League Victory Celebrations Marred by Violence and Arrests in Paris

Celebrations in Paris following PSG's back-to-back Champions League victory turned chaotic, leading to widespread clashes, approximately 780 arrests, and one fatality. Despite a hero's welcome for the team, the events were marred by violence and disorder.

AI Leaders to Meet White House Officials on Safety; Tech Companies Announce Strong Financial Outlooks
PoliticsbloombergFTThe Guardian+18Fox NewscnbcberlingskeSCMPsvenska-dagbladetmarketwatchBusiness Insiderindex-hr+10 more14d ago21 sources

AI Leaders to Meet White House Officials on Safety; Tech Companies Announce Strong Financial Outlooks

Major AI companies including OpenAI, Anthropic, Google, and Meta are set to meet with White House officials to discuss AI safety testing. Meanwhile, several tech firms like Palantir, Onsemi, and Adeia announced strong financial forecasts and revenue targets, with Palantir's earnings surging past expectations.

Alibaba Unveils New AI Model Amidst DeepSeek's Low-Cost Innovation
TechnologyReutersbloombergcnbc+9die-pressedelfi-ltobservadorTimes of Indiandtvvijesti-mechannel-news-asiaseeking-alpha+1 more14d ago12 sources

Alibaba Unveils New AI Model Amidst DeepSeek's Low-Cost Innovation

Alibaba has launched its latest and most powerful AI model, Qwen3.8-Max, as competition in the AI sector intensifies. Concurrently, DeepSeek's new AI model has been identified as the most cost-effective among well-known models to operate.

EU Fines AliExpress €550 Million, Considers Pausing Methane Penalties
BusinessBBCFTle-monde+58The GuardianAl Jazeeranzzyle-uutisethelsingin-sanomatnosruvtagesschau+50 more28d ago61 sources

EU Fines AliExpress €550 Million, Considers Pausing Methane Penalties

The European Commission has imposed a record €550 million fine on Chinese e-commerce giant AliExpress for allowing the sale of illegal and dangerous goods. Simultaneously, the EU is considering pausing methane emission penalties amid the ongoing energy crisis and pressure from the US.

Alibaba Stock Surges Amid Rise of Cheaper AI Solutions
BusinessYahoo1mo ago

Alibaba Stock Surges Amid Rise of Cheaper AI Solutions

Alibaba's stock has seen a significant surge, attributed to the emergence of more affordable artificial intelligence technologies that are challenging US dominance in the sector. This trend highlights the evolving landscape of global AI competition.

'Magnificent Seven' Stocks Appear Cheapest in a Decade Amid Midday Moves
Businesscnbc1mo ago

'Magnificent Seven' Stocks Appear Cheapest in a Decade Amid Midday Moves

This report highlights the companies making headlines and experiencing the largest movements in midday trading, including Broadcom, Chevron, Alibaba, and Carnival. Additionally, the 'Magnificent Seven' megacap stocks are noted as appearing to be the cheapest in a decade by one measure, despite a challenging year.

Anthropic's Claude AI Faces Lawsuit and Corporate Restrictions
BusinessFrance 24Yahooindian-express1mo ago3 sources

Anthropic's Claude AI Faces Lawsuit and Corporate Restrictions

Anthropic's Claude AI is facing a new $75 million lawsuit for allegedly pirating books to train its models, while also being restricted by companies like Meta and Alibaba. Despite these challenges, Claude is now available in Microsoft Foundry powered by Nvidia GPUs.

Alibaba and Tencent Lose DC Lobbyists Due to US Curbs
Politicsjapan-times1mo ago

Alibaba and Tencent Lose DC Lobbyists Due to US Curbs

Alibaba and Tencent have been dropped by their DC lobbyists to comply with a new US law that bars the Defense Department from working with companies represented by lobbyists who also work for Pentagon-blacklisted entities.

Trump Announces US-Iran Peace Deal Signing Amid Disagreement on Timing
WorldbloombergNYTThe Guardian+49NPRAl JazeeraFox Newsyle-uutisetcnbchelsingin-sanomattagesschaufaz+41 more2mo ago52 sources

Trump Announces US-Iran Peace Deal Signing Amid Disagreement on Timing

Donald Trump announced that a peace deal between the US and Iran would be signed on Sunday, a claim met with disagreement from Iran regarding the timing. The impending agreement sparked strong reactions, including criticism from Israeli Prime Minister Netanyahu who convened an emergency security council meeting.

Somali Referee Denied US Entry, Misses World Cup Debut
BusinessBBCbloombergNYT+60The GuardianNPRAl JazeeraFox Newsyle-uutisetcnbcukrainska-pravdafaz+52 more2mo ago63 sources

Somali Referee Denied US Entry, Misses World Cup Debut

A Somali soccer referee was denied entry into the United States, preventing him from officiating at the World Cup. This incident has sparked support for the referee from Somalia.

Ojude Oba Viral Video Sparks Cultural Debate
CulturePremium Times2mo ago

Ojude Oba Viral Video Sparks Cultural Debate

A viral video from the Ojude Oba festival, featuring a woman smoking, has ignited discussions about culture, gender expectations, and evolving values, especially after comedian Alibaba reacted and the woman clarified her actions.

Nvidia Posts Record Revenue Driven by AI Chip Demand
TechnologyReutersbloombergNYT+35wsjFTThe GuardianAl JazeeraCNNnrkyle-uutisetcnbc+27 more2mo ago38 sources

Nvidia Posts Record Revenue Driven by AI Chip Demand

Nvidia announced record quarterly revenue, significantly surpassing Wall Street expectations, primarily driven by the surging demand for its AI chips. The company's strong performance highlights the accelerating boom in artificial intelligence technology.