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The Latest Breaking News from Alibaba

Alibaba Stock Jumps On Plans To Relaunch Its AI App As ChatGPT Competitor

Alibaba Group Holding Ltd (NYSE:BABA) stock gained after reports indicated the Chinese e-commerce juggernaut’s restructuring of its mobile artificial intelligence app.

Benzinga

Ark Invest's Cathie Wood Bumps Stake in Mag 7 Stocks; Adds Pony AI, Alibaba to Portfolio in Q3

Cathie Wood's Ark Invest increased holdings in US Mag 7 stocks and Chinese AI firms in Q3, despite concerns over an AI bubble and market volatility.

International Business Times UK

Cathie Wood Dumps $30 Million Worth Of Tesla Stock Amid China Sales Slump, Loads Up Circle And This Hot Chinese AI Stock

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Circle Internet Group Inc. (NYSE:CRCL), Alibaba Group Holding Ltd. (NYSE:BABA), and Tesla Inc. (NASDAQ:TSLA). These trades reflect Ark’s strategic positioning in the market, with notable buys in Circle and Alibaba, and a sell-off in Tesla.

Benzinga

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Cathie Wood Goes Big On Alibaba With $25 Million Share Purchase, Scales Back On This Social Media Stock

On Tuesday, Cathie Wood-led Ark Invest made significant moves in its portfolio, focusing on Alibaba Group Holding Ltd. (NASDAQ:BABA), Baidu Inc. (NASDAQ:BIDU), and Reddit Inc. (NYSE:RDDT). These trades come amid a backdrop of evolving market dynamics and regulatory challenges, particularly affecting Chinese firms.

Benzinga

Jack Ma Buys Lavish London Villa While Jumping Back Into Alibaba's AI Push

Jack Ma's family has added another landmark to its growing global property empire, snapping up a 19.5 million pounds London villa — even as the Alibaba Group Holding Limited (NYSE:BABA) co-founder reasserts control over the tech giant's artificial intelligence ambitions.

Benzinga

China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more

China's largest online sales festival, dubbed Singles' Day, is getting longer as retailers try to entice frugal shoppers to spend more

The Independent UK

Investors Dump Meituan And Chase Alibaba's AI Boom

Chinese e-commerce major Alibaba Group Holding Limited (NYSE:BABA) continues to draw investor attention as it doubles down on artificial intelligence, cloud infrastructure, and instant-commerce delivery.

Benzinga

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XPeng To Offer Robotaxi Hailing Through Alibaba's Amap In 2026

Chinese EV maker XPeng Inc. (NYSE:XPEV) stock traded higher Thursday after announcing plans to roll out robotaxi services in 2026 through Alibaba Group Holding Limited's (NYSE:BABA) Amap mapping platform.

Benzinga

China offers Alibaba and other domestic giants half-price data center energy if it picks chips from Huawei over Nvidia

China offers energy subsidies to tech giants using domestic chips, seeking AI independence while confronting efficiency and performance challenges.

TechRadar

Alibaba AI Crushes Rivals In Crypto Trading, Matches GPT-5 In Math

Alibaba Group Holding Ltd (NYSE:BABA) is accelerating efforts to unlock value across its businesses through breakthroughs in artificial intelligence and global technology expansion.

Benzinga

China's Bold Move To Boost AI Competition - Cut Energy Costs for Homegrown Tech

Artificial intelligence chip companies including Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Marvell Technology Inc (NASDAQ:MRVL), Advanced Micro Devices Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Micron Technology Inc (NASDAQ:MU), Arm Holdings plc (NASDAQ:ARM), Intel Corp (NASDAQ:INTC) were under pressure on Tuesday.

Benzinga

Alibaba Turns Local Shops Into Taobao Hubs In Fresh Challenge To JD.com And Meituan

Alibaba Group Holding Ltd (NYSE:BABA) launched a 2 billion yuan ($281 million) investment on Friday to build a nationwide network of Taobao-branded convenience stores that will support its fast-growing instant commerce and on-demand delivery business, Taobao Shangou.

Benzinga

Alibaba And Peers Drop As Trump-Xi Trade Truce Fails To Impress

U.S.-listed Chinese stocks fell sharply on Friday after President Donald Trump and Chinese President Xi Jinping announced a limited trade truce that offered temporary relief but left deeper tensions unresolved.

Benzinga

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc. (NYSE:XYZ), and Alibaba Group Holding Ltd. (NYSE:BABA). Ark sold shares of Shopify Inc. (NASDAQ:SHOP) and Palantir Inc. (NASDAQ:PLTR).

Benzinga

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Caixin Global

Cover Story: U.S. and Chinese Chipmakers Tread Different Paths in AI Gold Rush

As U.S. tech giants pursue compute-heavy infrastructure, China bets on power in numbers with homegrown innovation and modular design

Benzinga

Intel, Scienture Holdings, Ford, Deckers, And Super Micro Computer: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed higher on Thursday, with the Dow Jones Industrial Average up 0.3% at 46,734.61, the SP 500 advancing nearly 0.6% to 6,738.44, and the Nasdaq climbing about 0.9% to 22,941.79.These are the top stocks that gained the attention of retail traders and investors through the day: Intel…

Benzinga

Ark Invest Dumps AMD Stock, Doubles Down On Chinese Tech Giants Alibaba And Baidu

On Thursday, Cathie Wood‘s Ark Invest made significant trades involving Alibaba Group Holding Ltd (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), Advanced Micro Devices Inc (NASDAQ:AMD), and Tempus AI Inc (NASDAQ:TEM). These trades reflect Ark’s strategic positioning in the tech sector, with purchases and sales across multiple funds.

Benzinga

Alibaba Unveils New AI Chatbot For ChatGPT Like AI Push

Alibaba Group Holding Limited (NYSE:BABA) stock rose on Thursday after the company announced the launch of a new artificial intelligence chatbot assistant.

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Benzinga

Alibaba Unveils Next-Gen AI Models To Rival GPT-5

Alibaba Group Holding Limited (NYSE:BABA) is aggressively accelerating its artificial intelligence deployment, a strategy bolstering its cloud business and fueling significant stock appreciation.

Benzinga

JPMorgan, Alibaba, Columbia Banking System And A Health Care Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” on Monday, Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said JPMorgan Chase Co. (NYSE:JPM) is still his favorite financial as a long-term investor. The stock looks great, he added.

Benzinga

Alibaba Singles Day Event Sales Soars, iPhones Fuel Record-Breaking Start

Alibaba Group Holding Ltd (NYSE:BABA) launched direct sales for its annual Singles’ Day shopping festival on Monday, reporting a strong start that outpaced last year’s figures.

Tom’s Hardware

Alibaba Cloud says it cut Nvidia AI GPU use by 82% with new pooling system— up to 9x increase in output lets 213 GPUs perform like 1,192

Alibaba Cloud claims its new Aegaeon pooling system reduced the number of Nvidia GPUs required to serve large language models by 82% during a multi-month beta test inside its Model Studio marketplace.

Benzinga

Alibaba Leads Goldman's Top Chinese Picks For Global Growth

Goldman Sachs urged investors to focus on Chinese companies expanding overseas, citing a weaker yuan, cost advantages, and China’s strength in global supply chains as growth catalysts.

Benzinga

Consumer Tech News (Oct 13-17): Elon Musk's Starlink Under US Probe, Salesforce Eyes $60B Revenue, Apple Launches M5 Chip And More

A bipartisan committee in the U.S. Congress has reportedly begun a probe into Elon Musk‘s Starlink satellite business for its alleged involvement in providing internet access to scam centers in Myanmar.

Benzinga

Alibaba Cloud's New System Cuts Nvidia GPU Usage By 82%, Amid Trump's Flip Flop On AI Chip Ban On China

Alibaba Group Holding (NYSE:BABA) has introduced a new computing pooling system called Aegaeon, which dramatically reduces the reliance on Nvidia (NASDAQ:NVDA) GPUs by 82% for AI models.

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