Timing is everything when it comes to investing. Just look at ARK Invest's purchase of Alibaba stock earlier this week.
Nvidia is on a dealmaking spree: Days after committing to taking a $5 billion stake in Intel and a whopping $100 billion investment in OpenAI, the GPU maker has now struck a partnership with China's Alibaba.
Nvidia is joining up with Alibaba to integrate its AI development tools for physical AI like robots and self-driving cars, Alibaba CEO Eddie Wu said Wednesday.
Alibaba (BABA) shares surge after CEO announces plans to boost AI infrastructure spending beyond the original $53B commitment. Ford (F) targets riskier borrowers with lower interest rates on F-150 pickups to drive sales volume before quarter-end, despite profit pressures.
Alibaba announced on Wednesday a "milestone collaboration" in AI tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots.
Chinese e-commerce giant Alibaba announced on Wednesday its largest artificial intelligence language model to date, the Qwen3-Max, as the company accelerates a push into artificial intelligence technology.
Alibaba's recent earnings received a big applause from Wall Street with the help of it 26% YoY growth in Alibaba Cloud. Despite chip restrictions, Alibaba's cloud business seems to be showing strong growth signs as new AI tools and services are launched. Alibaba's Qwen AI model is often listed among the top 10 AI models and the development of new AI chip could further improve the growth potential of Alibaba Cloud.
With the broad basket of Chinese internet stocks marching higher again, investors may wish to give the forgotten names a second look for their newfound momentum and intriguing new AI developments.
Alibaba's big bet on artificial intelligence (AI) could reportedly make it one of the world's biggest companies. That's according to a report Saturday (Sept.
South Korea's competition regulator on Thursday conditionally approved a joint venture between Alibaba International's AliExpress Korea and a unit of local company Shinsegae, but cited concerns over the sharing of customer information.
Carter Worth, Worth Charting, joins 'Fast Money' to share his technical take on Alibaba's recent moves.
China-based tech stocks are surging today, with help from a boom in artificial intelligence (AI) spending after the Financial Times reported the country banned Nvidia (NVDA) chips.