Being an avid basketball fan seems to have paid off for Alibaba cofounder and chairman Joseph Tsai, contributing to a $2.3 ...

Chinese giant Alibaba released Wan 2.1 and made it open-source: It's a text-to-video AI service similar to OpenAI's Sora.

Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.

BEIJING (Reuters) -Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

BEIJING (Reuters) - Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the ...

Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...