BABA's BMW deal showcases its AI edge. Triple-digit AI growth and smart investments position it for dominance.
Alibaba's U.S. listed-shares have quietly risen nearly 60% this year, adding more than $100 billion to the company's valuation. It's a turnaround from the last few years, which have seen the e-commerce giant's core business under pressure and close scrutiny from the Chinese government.
News of a fresh product release in a white-hot segment of the tech industry drew investors to Alibaba Group (BABA 2.58%) stock on Thursday. They ultimately ended up driving the Chinese tech giant's stock almost 3% higher in price, during a trading session that saw the benchmark S&P 500 (^GSPC -0.33%) close 0.3% lower.
The company says the new "Qwen2.5-Omni-7B" is a multimodal model that can process text, images, audio, and videos, while generating real-time text and natural speech responses. Amid China's AI fervor accelerated by DeepSeek, Alibaba and other generative AI competitors have been releasing new, cost-effective models and products at an unprecedented pace.
Alibaba Cloud has launched a multimodal artificial intelligence (AI) model that can process inputs in the form of text, images, audio and video, and can generate real-time responses in the form of text and natural speech. The new Qwen2.
Alibaba chairman Joe Tsai warned of a potential bubble in data center construction amid the growing demand for artificial intelligence (AI) infrastructure. Intelligent Alpha founder and CEO Doug Clinton joins Market Domination hosts Josh Lipton and Julie Hyman to share his insights on the current AI market cycle and the potential risks investors should consider.
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future.
Alibaba (BABA) concluded the recent trading session at $132.75, signifying a -1.29% move from its prior day's close.
Bloomberg's Peter Elstrom discusses the growing number of Chinese AI models and what challenges that presents for US tech companies. He speaks with Caroline Hyde on “Bloomberg Technology.
In late January, a sudden deluge of competition from China triggered a massive Nvidia (NASDAQ: NVDA) stock sell-off when the release of DeepSeek's R1 and Alibaba's (NYSE: BABA) Qwen 2.1 threatened to collapse NVDA below $100.
Like many technology firms, China's Alibaba has been investing in artificial intelligence. However, Alibaba Chairman Joe Tsai said he was “astounded” by the level of AI being planned by the technology sector in the United States, Reuters reported Tuesday (March 25).
Alibaba's cloud and AI business shows strong long-term growth and profitability, with the AI segment growing triple digits for six consecutive quarters. The cloud business posted double-digit growth in 3Q25, and Alibaba continues to invest aggressively in this segment. Alibaba's prudent capital allocation strategy includes share repurchases, benefiting shareholders and reinforcing my Buy rating.