$BABA News and Market Events
Every $BABA story Market Flux has tracked.
- Market Flux Event
Alibaba Unveils Zhenwu V900 Chip and Qwen3.8-Max Model in $53 Billion AI Push
Alibaba rolled out what it is calling China's most powerful AI chip, the Zhenwu V900, developed by its T-Head semiconductor unit, while also revealing its latest flagship AI model…
- Market Flux Event
Alibaba Unveils New AI Chip and Plans Qwen Model With Up to 10 Trillion Parameters
Alibaba announced plans to train a next-generation AI model with 5 to 10 trillion parameters, a scale that would far exceed its existing Qwen lineup. The announcement came from Alibaba CEO…
- Unusual Volume
Alibaba Raises $10.2 Billion in Discounted Hong Kong Share Sale to Fund AI, Shares Plunge 8%
Alibaba priced Hong Kong's largest-ever secondary share offering on Monday, selling 710 million new ordinary shares at HK$112.70 each to raise HK$80 billion, equivalent to $10.2 billion…
- Market Flux Event
Apple Builds Its Own AI Model for China With Alibaba's Help, Departing From Third-Party Strategy
Apple has trained a large language model specifically for the Chinese market, according to three people familiar with the matter, marking a significant departure from the company's existing…
- Market Flux Event
Alibaba to Charge Major Commercial Users of Next Qwen AI Model
Chinese tech giant Alibaba plans to implement revenue-sharing agreements with large commercial users of its upcoming Qwen open-source AI model. The move mirrors similar strategies in…