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WorldTechnology

Alibaba Launches Wan3.0 AI Video Model as AI Spending Accelerates

Alibaba officially launched its latest artificial intelligence video generation model, Wan3.0, on Monday as the Chinese technology giant steps up investment in AI...

TechnologyActiveBusiness

Alibaba Unveils Wan3.0 AI Video Model as It Raises $10 Billion for AI

Alibaba has launched Wan3.0, its latest artificial intelligence video-generation model, as the Chinese technology giant accelerates its investment in AI. The new model...

WorldBusinessTechnology

Xpeng Robotics Raises Over $900 Million in First Funding Round

China's Xpeng said on Monday that its robotics business has raised more than $900 million in its first funding round, in a major...

TechnologyActiveBusiness

Alibaba Moves to Sell Lingxi Games in $2 Billion-Plus Deal

Alibaba is reportedly preparing to sell its gaming subsidiary, Lingxi Games, in a transaction valued at more than $2 billion, as the Chinese...

TechnologyActiveBusiness

Unitree Set for Major Shanghai Stock Market Debut

Chinese humanoid robot maker Unitree is expected to make a strong stock market debut in Shanghai after attracting huge investor interest. The company's...

TechnologyActive

Apple Reportedly Develops China-Focused AI Model with Alibaba Support

Apple is reportedly developing and training its own artificial intelligence model tailored specifically for the Chinese market, with support from Chinese technology giant...

WorldInfrastructure & DevelopmentTechnology

Alibaba Unveils Powerful New AI Model as China’s AI Race Intensifies

Alibaba has unveiled its most powerful artificial intelligence model to date, while rival DeepSeek introduced an ultra low cost AI system, highlighting the...