Alibaba's AI bet is backfiring as margins collapse and ByteDance steals market share. With competition intensifying, BABA looks like a value trap.

Michael Burry's Scion Asset Management switched out a bet against Nvidia for a wager on Meta as it overhauled its stock ...

Alibaba Group Holding plans to spin off its Banma Network Technology unit through an initial public offering (IPO), as one of ...

ByteDance released an open-source AI model to compete with Alibaba and DeepSeek. Alibaba stock down. ByteDance's model ...

Alibaba and Ant Group have launched a unified strategy to challenge Meituan in China's instant commerce market, including ...

Three variants of ByteDance’s Seed-OSS-36B open-source model are now available on the AI developer platform Hugging Face.

With the plan finalized earlier this year and modest compared with U.S. hyperscalers' AI capex trajectories, it underscores ...

Beijing-based Z.ai, which created the AI agent, said it was free and available on the Android and iOS mobile platforms, as ...

Alibaba faces significant headwinds, but its pivot to high-margin AI services and its depressed valuation present a ...

Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain ...

Michael Burry has overhauled his stock portfolio, swapping bearish puts for bullish calls and backing ailing businesses like ...

Alibaba’s Qwen research group has released an open-source AI model, Qwen-Image-Edit, which enables advanced image editing through text prompts.