# Alibaba
Latest news and articles about Alibaba
Total: 53 articles found
AI Red‑Packet War Sends Hong Kong Tech Stocks Tumbling, Tencent Shares Slide Nearly 5%
China’s internet giants have deployed more than RMB4 billion in AI‑themed red‑packet campaigns ahead of Lunar New Year, prompting a sell‑off in Hong Kong technology stocks. Tencent fell nearly 5% as investors weighed rapid user‑acquisition tactics against margin pressure and uncertain monetisation timelines.
Cambricon Shares Plunge as Alibaba Unit’s New AI Chip Stokes Market Fears
Cambricon shares plunged nearly 10% as Alibaba’s chip unit unveiled a new high‑end AI chip and reports suggested its Zhenwu PPU shipped at scale in 2025. The drop came despite Cambricon forecasting a strong full‑year turnaround and a fivefold revenue increase, underlining investor concerns about intensifying domestic competition in AI semiconductors.
China’s Big Three Place a Trillion-RMB Bet on AI — Different Paths, Same High Stakes
China’s leading internet groups are spending hundreds of billions of yuan on AI, each following a different industrial logic: Alibaba is doubling down on cloud and commerce integration, Tencent is turning AI into immediate revenue uplifts inside WeChat and games, and ByteDance is attempting to seize the system‑level gateway on phones. The contest has moved from model architecture to ecosystem control, but talent, chips and capital patience are emerging chokepoints that will determine who converts investment into durable advantage.
Alibaba’s Qianwen Escalates Spring Festival Subsidy War — 3 Billion RMB Pushes AI from Chat into Commerce
Qianwen has launched a 3 billion yuan Spring Festival campaign, enlisting multiple Alibaba ecosystem services to offer free orders and large cash red packets aimed at turning AI from a chat tool into a transactional assistant. The push comes amid competition from rivals such as Yuanbao, which offered 1 billion yuan in red packets, and marks a broader pivot by Chinese platforms to embed AI into everyday commerce during the high-spend Lunar New Year period.
China’s Big Tech Escalates the AI Arms Race: ByteDance Vows to “Climb Peaks” as Alibaba and Tencent Counterpunch
ByteDance’s CEO Liang Rubo has set an ambitious 2026 agenda, prioritising the Dola assistant and global talent incentives to secure a leading position in AI model capability. Alibaba and Tencent are rapidly countering with chips, cloud integrations and consumer promotions, turning early 2026 into an industry‑wide scramble across applications, silicon and datacentres.
Alibaba’s Cainiao Consolidates Autonomous-vehicle Arm with Jiushi Intelligent — A Step Toward Integrated, Data-driven Last-mile Logistics
A NetEase headline reports a strategic integration between Cainiao’s unmanned-vehicle arm and Jiushi Intelligent. Though the original post lacked detail, the move would fit a broader pattern of Chinese logistics platforms vertically integrating autonomy technology to cut costs, capture data and accelerate last-mile automation.
Ma Huateng’s Billion-RMB Bet: Can Tencent Buy Time — and Relevance — in the AI Era?
Tencent’s recent billion‑yuan promotional blitz to kickstart an AI assistant exposes a strategic dilemma: the company admits its AI stack needs rebuilding even as it uses cash incentives to buy users. ByteDance’s speed and efficiency, and Alibaba’s open‑source enterprise strategy, frame a three‑way race whose outcomes will determine the next decade of Chinese tech leadership.
Alibaba Stakes a Claim in Nuclear Power to Secure an AI Advantage
Alibaba has taken a stake in a large nuclear power project as part of a broader push by Chinese tech firms to secure the baseload electricity needed for large AI deployments. China’s industrial capacity in power equipment and fast delivery gives its companies an edge in the global struggle for compute, reframing energy as a core element of AI competitiveness.
China’s Big Tech Turns Spring Festival Red Envelopes into an AI Battleground
Tencent’s recent 1 billion yuan Spring Festival giveaway has escalated a familiar marketing ritual into a proxy arena for China’s AI race. Big tech firms are shifting from model-centric competition to full-stack battles that combine massive capital expenditure, distributional advantage and ecosystem playbooks, with 2026 poised as a potential inflection point for AI monetisation.
Alibaba’s Qwen3‑Max‑Thinking: China’s Latest Push to Match Western ‘Thinking’ Models
Alibaba has launched Qwen3‑Max‑Thinking, a flagship inference model its team says matches top Western 'thinking' models on key benchmarks. The model emphasizes reasoning, instruction following and agent capabilities and is aimed at commercial integration across Alibaba's cloud and services. The announcement underscores China’s accelerating push to develop indigenous, production‑ready large language models, though benchmark claims require independent validation.
Alibaba Debuts Qwen3‑Max‑Thinking, a Tool‑Enabled Inference Model Aiming to Rival GPT‑5.2
Alibaba has launched Qwen3‑Max‑Thinking, an inference model that combines adaptive tool calling and test‑time scaling to improve reasoning, factual accuracy and alignment. Alibaba claims benchmark parity with leading models such as GPT‑5.2‑Thinking, and has deployed the capability in Qwen Chat, signalling rapid commercialisation within its cloud and consumer ecosystem.
Alibaba Unveils Qwen3‑Max‑Thinking, a Trillion‑Parameter Inference Model Aimed at Beating Western Rivals
Alibaba has released Qwen3‑Max‑Thinking, a trillion‑parameter inference model it says surpasses leading Western models on multiple benchmarks, with stronger agent tool‑calling and reduced hallucinations. The company is opening trials on PC and web, positioning the model for broad commercial use while leaving independent verification of its claims outstanding.