$BABA News and Market Events
Every $BABA story Market Flux has tracked.
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- Market Flux Event
Alibaba Files Confidential Hong Kong IPO Application for AI Chip Unit T-Head
Alibaba has moved to spin off and publicly list its semiconductor subsidiary T-Head, filing a confidential IPO application with the Hong Kong Stock Exchange. T-Head designs data-center…
- 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…