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 ...

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

Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...

Mixed options sentiment in Alibaba (BABA), with shares down 88c near $118.61. Options volume relatively light with 56k contracts traded and calls ...