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Live World News @NexthPress
19 days ago
Alibaba to rename AI app Qwen to challenge ChatGPT. Alibaba Group is preparing a major overhaul of its main mobile AI application, renaming the app "Qwen" after its popular AI model in a direct challenge to OpenAI's ChatGPT dominance, according to people familiar with the matter. The Chinese tech giant plans to update its existing "Tongyi" apps on iOS and Android in the coming months, then gradually add agentic AI features to support shopping on platforms including Taobao. #AI #qwen #models #Alibaba https://www.perplexity.ai/...
Live World News @NexthPress
19 days ago
Schmidt warns free Chinese AI models could become global standard. Former Google CEO Eric Schmidt has issued a stark warning that Chinese open-source artificial intelligence models could become the global standard, not because of superior quality, but because they are free. Speaking on the Moonshots podcast released Tuesday, Schmidt said he worries most countries will adopt Chinese AI systems like DeepSeek and Alibaba's Qwen simply due to cost constraints. "This produces a bizarre outcome where the biggest models in the United States are closed source and the biggest models in China are open-source," Schmidt said. #EricSchmidt #AI #ChinaAI #DeepSeek #AlibabaQwen #TechGeopolitics #artificialintelligence #MoonshotsPodcast #OpenSourceAI #AIStandards https://www.perplexity.ai/...
Live World News @NexthPress
20 days ago
China's Singles Day sales slow as consumers cut spending. China's Singles Day shopping festival, once known for record-breaking sales, has lost momentum this year as economic uncertainty forces consumers to tighten their purse strings, despite retailers extending promotions to five weeks and pouring billions into subsidies. #ChinaEconomy #SinglesDay #Alibaba #JDcom #Ecommerce #ConsumerConfidence #RetailTrends #Spending #Inflation #ChinaNew https://www.perplexity.ai/...
Live World News @NexthPress
22 days ago
China claims lead in AI and 6G patent applications. China has secured its position as the world's largest holder of artificial intelligence patents, commanding 60 percent of the global total, while also leading in next-generation 6G patent applications with 40.3 percent of worldwide filings, according to reports released Saturday at the 2025 World Internet Conference Wuzhen Summit #ChinaTech #AI #6G #innovation #WorldInternetConference #JDcom #Alibaba #DigitalEconomy #SmartCities https://www.perplexity.ai/...
Live World News @NexthPress
24 days ago
Alibaba-Meituan trade yields 130% as food delivery war rages. A paired trading strategy betting on the growing performance gap between two Chinese tech giants has delivered a 130% return year-to-date, as Alibaba Group Holding surges while Meituan stumbles in an intensifying food delivery price war. Going long on Hong Kong-listed Alibaba while shorting Meituan has proven highly profitable, according to Bloomberg reporting published November 6. Alibaba's stock has nearly doubled this year on artificial intelligence enthusiasm, while Meituan's shares have plunged approximately 33% amid market share losses in food delivery.#Alibaba #Meituan #ChinaTech #FoodDelivery #AI #HongKongStocks #TradingStrategy https://www.perplexity.ai/...
Live World News @NexthPress
1 month ago
Cathie Wood invests $12.3M in Alibaba amid AI push ARK Invest CEO Cathie Wood executed a series of significant portfolio adjustments this week, with her most notable move being a $12.3 million investment in Alibaba stock on October 15, followed by strategic purchases in agricultural equipment giant Deere & Co and biotech firm ATAI Life Sciences on October 17 #CathieWood #ArkInvest #Alibaba #ChineseTech #Investing #ETFInvesting #DisruptiveInnovation #AI #TechStocks #Deere #Biotech https://www.perplexity.ai/...
Live World News @NexthPress
1 month ago (E)
China halts Alibaba, JD.com stablecoin plans. Major Chinese technology companies including Alibaba-backed Ant Group and e-commerce giant JD.com have suspended their stablecoin development projects following direct regulatory intervention from Beijing authorities, sources revealed this weekend. #ChinaTech #Stablecoins #DigitalCurrency #PBOC #AntGroup #JDcom https://www.perplexity.ai/...
Live World News @NexthPress
2 months ago
Alibaba launches robotics team to bring AI into physical world. New Robotics Division Targets Real-World Applications. Alibaba has officially launched an in-house robotics and embodied AI team within its Qwen division, marking a strategic pivot from AI software into physical products as global tech giants accelerate investments in what industry leaders call the next trillion-dollar opportunity. #AI #Alibaba #robots #robotapplication https://news.futunn.com/en...
Live World News @NexthPress
2 months ago
Cathie Wood's Ark Invest buys MercadoLibre, Alibaba, DoorDash shares Cathie Wood's Ark Invest Targets High-Growth Global Players with Strategic Stock Purchases #CathieWood #ArkInvest #EcommerceGrowth #Fintech #GlobalMarkets https://www.perplexity.ai/...
Live World News @NexthPress
2 months ago
Alibaba stock falls 3% amid AI bubble fears #Alibaba #AI #Finance https://www.tipranks.com/n...
Live World News @NexthPress
2 months ago
China's AI-led stock rally is reshaping markets with tech giants Alibaba and Baidu at the forefront. Fueled by breakthroughs like DeepSeek and international investor interest, this surge highlights China's rise in AI innovation and market confidence amid global economic challenges. #AI #stockmarket #ChinaTech #Alibaba #Baidu #DeepSeek #innovation #Investing #TechRally #artificialintelligence https://finance.yahoo.com/...
aihorizons
2 months ago
Alibaba unveils compact AI models to rival OpenAI. Alibaba debuts Qwen3-VL-30B-A3B, compact multimodal AI models with 3B active parameters, rivaling GPT-5-Mini and Claude 4 Sonnet in math, image, and video tasks. Available on HuggingFace, ModelScope, and via Alibaba Cloud API #AlibabaAI #Qwen3 #MultimodalAI #AInews #TechInnovation #EdgeAI #OpenSourceAI https://www.perplexity.ai/...
Nexth Today
9 months ago
Alibaba invests $50B in AI & cloud #Alibaba #AI https://nexth.zone/blog/al...

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