https://www.scmp.com/rss/519544/feed The latest news on Eddie Wu Yongming, CEO of Alibaba Group, including China business and technology news. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Wency Chen Wency Chen Alibaba Group Holding has struck its first external partnership for its flagship consumer artificial intelligence app, linking it with China Eastern Airlines in a move that pushes its agentic capabilities beyond the company’s own ecosystem and into real-world services. The company said the fresh collaboration allowed users of the Qwen app to manage the full flight booking process – from search and ticket purchase to seat selection and check-in – within a single natural-language chat interface.... https://www.scmp.com/tech/big-tech/article/3351076/alibaba-opens-qwen-app-outside-partners-china-eastern-airlines-tie?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3351076/alibaba-opens-qwen-app-outside-partners-china-eastern-airlines-tie?utm_source=rss_feed Thu, 23 Apr 2026 03:12:43 +0000 Vincent Chow Vincent Chow In China’s hyper-competitive and lucrative tech industry, releasing cutting-edge artificial intelligence models for free may seem counter-intuitive – but it has become a core business strategy. At the University of Hong Kong last November, Alibaba Group Holding chairman Joe Tsai was asked why the tech giant open-sourced its AI models. Addressing a room full of students, Tsai said he believed open-source AI would bring global benefits by lowering costs, making it a natural fit for talent- and... https://www.scmp.com/tech/tech-trends/article/3350340/chinas-ai-firms-scaled-open-source-models-next-phase-may-be-different?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350340/chinas-ai-firms-scaled-open-source-models-next-phase-may-be-different?utm_source=rss_feed Fri, 17 Apr 2026 01:00:17 +0000 Ann Cao Ann Cao Alibaba Group Holding’s cloud and artificial intelligence unit is expected to remain a prime engine for the March quarter, with the growth rate forecast to accelerate as the company steps up AI monetisation and reshuffles its AI businesses, according to analysts. Cloud revenue growth was projected to increase to around 40 per cent during the period, up from 36 per cent in the December quarter, analysts said. The growth momentum was expected to be supported by “a robust surge in token usage”,... https://www.scmp.com/tech/article/3349508/alibaba-cloud-growth-forecast-accelerate-ai-push-higher-service-charges-analysts?utm_source=rss_feed https://www.scmp.com/tech/article/3349508/alibaba-cloud-growth-forecast-accelerate-ai-push-higher-service-charges-analysts?utm_source=rss_feed Thu, 09 Apr 2026 12:30:13 +0000 Iris Deng Iris Deng Chinese e-commerce and AI giant Alibaba Group Holding has set up a high-level technology committee led by CEO Eddie Wu Yongming, as part of a broader restructuring to sharpen its focus on artificial intelligence amid intensifying competition. The Hangzhou-based company formed the Alibaba Group Technology Committee as part of its efforts to accelerate AI development, according to an internal letter from Wu to staff on Wednesday. Alibaba owns the South China Morning Post. The committee brings... https://www.scmp.com/tech/article/3349428/alibaba-creates-ceo-led-technology-committee-amid-intensifying-ai-race?utm_source=rss_feed https://www.scmp.com/tech/article/3349428/alibaba-creates-ceo-led-technology-committee-amid-intensifying-ai-race?utm_source=rss_feed Wed, 08 Apr 2026 13:27:07 +0000 Coco Feng Coco Feng Alibaba Group Holding unveiled the preview version of its most powerful artificial intelligence model to date, solidifying its position as China’s leader in the race to catch American giants like Anthropic, Google and OpenAI. Qwen3.5-Max-Preview, the flagship model of Alibaba’s Qwen 3.5 family, is now available on Arena, formerly known as LMArena, a model performance community created by researchers from UC Berkeley. Alibaba, which owns the South China Morning Post, unveiled the model on... https://www.scmp.com/tech/article/3347272/preview-alibabas-strongest-ai-model-tops-chinese-peers-ranking-lags-us-rivals?utm_source=rss_feed https://www.scmp.com/tech/article/3347272/preview-alibabas-strongest-ai-model-tops-chinese-peers-ranking-lags-us-rivals?utm_source=rss_feed Fri, 20 Mar 2026 07:00:08 +0000 Wency Chen Wency Chen Alibaba Group Holding on Thursday said it aimed to generate US$100 billion in annual external revenue from its combined cloud and AI businesses within five years after disclosing for the first time the production progress of its T-Head chip unit, even as it missed its quarterly earnings estimates. “Over the past three months, token consumption on the Model Studio platform has grown by six times,” said CEO Eddie Wu Yongming on the earnings call, adding that model-as-a-service offerings would... https://www.scmp.com/tech/article/3347177/alibaba-discloses-gpu-production-first-time-quarterly-profit-misses-estimates?utm_source=rss_feed https://www.scmp.com/tech/article/3347177/alibaba-discloses-gpu-production-first-time-quarterly-profit-misses-estimates?utm_source=rss_feed Thu, 19 Mar 2026 10:39:03 +0000 Wency Chen Wency Chen Alibaba Group Holding has reshuffled its artificial intelligence operations, creating a new top level business group and placing CEO Eddie Wu Yongming in charge as the AI and e-commerce powerhouse accelerates its push into the emerging token economy. The company said on Monday it had established the Alibaba Token Hub (ATH) Business Group, which brings all its core AI teams and products together under one umbrella. This includes Tongyi Laboratory – the developer of Alibaba’s Qwen series of... https://www.scmp.com/tech/big-tech/article/3346789/alibaba-reshuffles-ai-units-new-token-hub-group-led-ceo-eddie-wu?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3346789/alibaba-reshuffles-ai-units-new-token-hub-group-led-ceo-eddie-wu?utm_source=rss_feed Mon, 16 Mar 2026 13:19:03 +0000 Vincent Chow Vincent Chow Alibaba Group Holding is forming a dedicated internal task force headed by CEO Eddie Wu Yongming in a bid to funnel greater resources into its foundational AI model development efforts. On Thursday, Wu said in a letter to members of the company’s artificial intelligence research lab Tongyi that the task force would “jointly coordinate group-wide resources to accelerate foundational model development”. “In technology, standing still means falling behind,” Wu said in the letter, which was provided... https://www.scmp.com/tech/big-tech/article/3345524/alibaba-sets-new-task-force-led-ceo-eddie-wu-focus-ai-model-development?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3345524/alibaba-sets-new-task-force-led-ceo-eddie-wu-focus-ai-model-development?utm_source=rss_feed Thu, 05 Mar 2026 06:00:12 +0000 Coco Feng Coco Feng Chinese billionaire Jack Ma and the core leadership of Alibaba Group Holding and Ant Group spent over an hour with teachers in Hangzhou on Tuesday, discussing the profound challenges and opportunities brought about by artificial intelligence. Ma told the group that the impact of AI was “immense”, but so were the “opportunities” and that teenagers held the greatest hope and opportunity for adapting to and enabling transformation in the AI era, according to a statement issued by Hangzhou Yungu... https://www.scmp.com/tech/article/3345343/jack-ma-alibaba-executives-meet-teachers-discuss-how-education-should-adapt-ai-era?utm_source=rss_feed https://www.scmp.com/tech/article/3345343/jack-ma-alibaba-executives-meet-teachers-discuss-how-education-should-adapt-ai-era?utm_source=rss_feed Wed, 04 Mar 2026 03:37:00 +0000 Ann Cao Ann Cao German Chancellor Friedrich Merz visited China’s eastern tech hub of Hangzhou on Thursday and met leading figures including those from Alibaba Group Holding and Unitree Robotics, signalling growing international recognition of the country’s robotics and artificial intelligence technologies. Merz had lunch and took group photos with local entrepreneurs, including Alibaba CEO Eddie Wu Yongming and Unitree founder and CEO Wang Xingxing, according to a social media account run by Chinese state... https://www.scmp.com/tech/article/3344835/germanys-merz-meets-chinas-tech-vanguard-including-alibaba-and-unitree-ceos?utm_source=rss_feed https://www.scmp.com/tech/article/3344835/germanys-merz-meets-chinas-tech-vanguard-including-alibaba-and-unitree-ceos?utm_source=rss_feed Fri, 27 Feb 2026 06:23:19 +0000 Coco Feng Coco Feng ByteDance and Alibaba Group Holding are poised to ratchet up their artificial intelligence infrastructure initiatives, as the global AI arms race continues to intensify. The two companies’ latest moves lend weight to Nvidia CEO Jensen Huang’s recent remarks at the World Economic Forum in Davos, Switzerland, that the world was witnessing the biggest infrastructure buildout in history and that trillions of dollars of infrastructure still had to be built. Beijing-based ByteDance, operator of TikTok... https://www.scmp.com/tech/big-tech/article/3341863/china-tech-giants-bytedance-and-alibaba-ramp-ai-infrastructure-efforts?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3341863/china-tech-giants-bytedance-and-alibaba-ramp-ai-infrastructure-efforts?utm_source=rss_feed Fri, 30 Jan 2026 12:00:05 +0000 Vincent Chow Vincent Chow Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI services. The statement came as Alibaba’s stock in New York rose more than 10 per cent on Monday, following news that its flagship Qwen family of AI models surpassed 700 million downloads on the developer platform Hugging Face, making it the world’s most widely adopted open-source AI system. “A defining... https://www.scmp.com/tech/big-tech/article/3339765/alibaba-reaffirms-open-source-ai-commitment-tech-giant-hails-qwen-achievements?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3339765/alibaba-reaffirms-open-source-ai-commitment-tech-giant-hails-qwen-achievements?utm_source=rss_feed Tue, 13 Jan 2026 13:30:10 +0000 Vincent Chow Vincent Chow When US tech giant Meta Platforms released its flagship Llama family of artificial intelligence models in February 2023, they were open-sourced, a move that singled it out among global AI model developers at the time. That September, one of the many derivatives of Llama was announced: Alibaba Cloud’s Qwen. The first generation of Qwen adopted Llama’s training process and cited Meta's seminal research findings in its accompanying technical report. Out of deference, the Chinese researchers even... https://www.scmp.com/tech/big-tech/article/3336243/role-reversal-meta-adopts-qwen-chinese-ai-becomes-industry-foundation?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3336243/role-reversal-meta-adopts-qwen-chinese-ai-becomes-industry-foundation?utm_source=rss_feed Sat, 13 Dec 2025 02:00:16 +0000 Ann Cao,Ben Jiang Ann Cao,Ben Jiang Rapid advances in artificial intelligence (AI) pose questions about whether computers will be able to match – or even surpass – human ability, and how people will be able to retain control of systems vastly smarter than themselves. The first key tipping point will be the arrival of artificial general intelligence (AGI), where machines match human intelligence and possess the ability to perform any intellectual task that a person can do, such as reasoning, learning and adapting across diverse... https://www.scmp.com/plus/article/3336173/china-chases-superintelligent-ai-without-sci-fi-movie-risks?utm_source=rss_feed https://www.scmp.com/plus/article/3336173/china-chases-superintelligent-ai-without-sci-fi-movie-risks?utm_source=rss_feed Fri, 12 Dec 2025 05:18:32 +0000 Wency Chen Wency Chen Alibaba Group Holding named its cloud unit’s technology officer Zhou Jingren, who also leads its artificial intelligence lab Tongyi and the development of its Qwen AI models, as a new member of the group in charge of steering the business empire, according to people briefed about the decision. Alibaba has not updated the information on its official website. The Alibaba Partnership had 17 members before the addition, including co-founders Jack Ma and Joe Tsai as permanent ones. Alibaba did not... https://www.scmp.com/tech/big-tech/article/3335932/alibaba-names-ai-lab-leader-zhou-jingren-new-group-partner?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3335932/alibaba-names-ai-lab-leader-zhou-jingren-new-group-partner?utm_source=rss_feed Wed, 10 Dec 2025 12:00:42 +0000 Wency Chen Wency Chen Alibaba Group Holding said on Tuesday that it will set up a new division to push the consumer use of artificial intelligence applications based on its Qwen family of large language models. The new business unit, Qwen Consumer Business Group, led by Alibaba vice-president Wu Jia, will oversee the Qwen chatbot app, the Quark AI assistant and cloud drive, AI hardware products, the UC Browser and the online reading platform Shuqi. The move marked a significant organisational change at Alibaba to... https://www.scmp.com/tech/big-tech/article/3335793/alibaba-creates-new-unit-push-consumer-use-its-qwen-ai-models?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3335793/alibaba-creates-new-unit-push-consumer-use-its-qwen-ai-models?utm_source=rss_feed Wed, 10 Dec 2025 02:00:11 +0000 Ann Cao,Bien Perez Ann Cao,Bien Perez E-commerce giant Alibaba Group Holding expects to stay ahead of its Chinese Big Tech peers in artificial intelligence-related capital expenditure, as the firm’s AI and cloud computing unit posted its fourth consecutive quarter of double-digit revenue growth. Alibaba Cloud on Tuesday reported a 34 per cent year-on-year revenue growth to 39.8 billion yuan (US$5.6 billion) in the three months ended September 30, as the Hangzhou-based parent’s overall revenue in its financial second quarter reached... https://www.scmp.com/tech/big-tech/article/3334253/alibaba-lead-ai-capital-spending-among-chinas-big-tech-firms-amid-strong-market-demand?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3334253/alibaba-lead-ai-capital-spending-among-chinas-big-tech-firms-amid-strong-market-demand?utm_source=rss_feed Wed, 26 Nov 2025 11:30:09 +0000 Ann Cao,Wency Chen Ann Cao,Wency Chen Alibaba Group Holding, China’s e-commerce and cloud computing giant, on Tuesday reported a better-than-expected 5 per cent increase in revenue for the September quarter, as its cloud and artificial intelligence businesses continued to gain momentum. Total revenue for the Hangzhou-based company reached 247.8 billion yuan (US$34.8 billion) for its financial second quarter ended September 30, beating the consensus estimate of 245.2 billion yuan by Bloomberg-polled analysts. That was more than the 2... https://www.scmp.com/tech/big-tech/article/3334116/alibaba-posts-5-rise-quarterly-revenue-ai-cloud-computing-momentum?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3334116/alibaba-posts-5-rise-quarterly-revenue-ai-cloud-computing-momentum?utm_source=rss_feed Tue, 25 Nov 2025 10:59:49 +0000 Vincent Chow Vincent Chow Chinese artificial intelligence start-up DeepSeek made a rare appearance at a state-backed industry event on Friday as a senior researcher reaffirmed the AI lab’s commitment to developing artificial general intelligence (AGI) despite its potentially “dangerous” impacts on society. Chen Deli spoke during a panel discussion alongside the heads of five other companies collectively known as China’s “six little dragons” of AI at the World Internet Conference in Wuzhen, eastern Zhejiang province. It... https://www.scmp.com/tech/big-tech/article/3332086/chinas-deepseek-makes-rare-public-comment-calls-ai-whistle-blower-job-losses?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3332086/chinas-deepseek-makes-rare-public-comment-calls-ai-whistle-blower-job-losses?utm_source=rss_feed Sun, 09 Nov 2025 04:37:07 +0000 Iris Deng Iris Deng Alibaba Group Holding will keep investing in super-scale computing infrastructure to empower the artificial intelligence era, CEO Eddie Wu Yongming said at China’s annual internet industry summit on Friday. Meeting the AI industry’s demand “requires super-scale infrastructure and full-stack technology accumulation”, Wu told the audience at Friday’s opening of the 2025 World Internet Conference, an annual industry gathering in the town of Wuzhen in eastern Zhejiang province. The event will run... https://www.scmp.com/tech/big-tech/article/3331991/alibaba-doubles-down-super-scale-computing-infrastructure-plans-ai-demand-grows?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3331991/alibaba-doubles-down-super-scale-computing-infrastructure-plans-ai-demand-grows?utm_source=rss_feed Fri, 07 Nov 2025 14:00:14 +0000 Ben Jiang Ben Jiang Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will see a network of Taobao-branded convenience stores across China support the operations of the firm’s instant commerce and on-demand delivery business. Rather than establishing Taobao Shangou’s own bricks-and-mortar shops, the programme would primarily provide existing convenience stores with a tech facelift, leveraging Alibaba’s digital infrastructure, according to Hu Qiugen,... https://www.scmp.com/tech/big-tech/article/3331175/alibaba-expands-instant-commerce-efforts-us281-million-taobao-convenience-store-push?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3331175/alibaba-expands-instant-commerce-efforts-us281-million-taobao-convenience-store-push?utm_source=rss_feed Sun, 02 Nov 2025 01:00:18 +0000 Vincent Chow Vincent Chow Chinese tech giant ByteDance has more than doubled the number of tokens processed by its flagship Doubao large language models (LLMs) in the past six months, highlighting a surge in artificial intelligence use among Chinese consumers and placing it among the top global hyperscalers. Doubao’s average daily token usage jumped from 12.7 trillion tokens in March to over 30 trillion tokens in September, ByteDance’s Volcano Engine cloud unit president, Tan Dai, said at a corporate event on... https://www.scmp.com/business/article/3329430/bytedances-doubao-doubles-token-use-six-months-chinas-ai-boom-gathers-pace?utm_source=rss_feed https://www.scmp.com/business/article/3329430/bytedances-doubao-doubles-token-use-six-months-chinas-ai-boom-gathers-pace?utm_source=rss_feed Fri, 17 Oct 2025 10:00:25 +0000 Coco Feng Coco Feng Alibaba Group Holding chairman Joe Tsai has expressed optimism about US-China trade tensions. “I’m actually quite optimistic that we’re not going to devolve into kind of a race to the bottom”, he said during an interview with CNBC dated October 10 and published on Monday. “The two countries’ leaders have the wisdom to come to a point where they recognise that this is a hugely symbiotic relationship,” he added. Tsai, who owns the Brooklyn Nets basketball team, spoke on the sidelines of an NBA... https://www.scmp.com/tech/article/3328866/us-china-leaders-will-avoid-race-bottom-trade-alibabas-joe-tsai-says?utm_source=rss_feed https://www.scmp.com/tech/article/3328866/us-china-leaders-will-avoid-race-bottom-trade-alibabas-joe-tsai-says?utm_source=rss_feed Mon, 13 Oct 2025 15:19:39 +0000 Vincent Chow Vincent Chow When Alibaba Group Holding’s CEO Eddie Wu Yongming took the stage at the company’s annual Apsara conference in Hangzhou on September 24, few people expected the media-shy executive to deliver anything shocking, especially since he read from prepared statements at last year’s event. Wu, however, immediately outlined a clear road map for Alibaba’s AI development, with a goal towards so-called artificial superintelligence (ASI) – when the firm’s Qwen open-source models and cloud services would... https://www.scmp.com/tech/tech-war/article/3328568/chinas-lesson-us-it-takes-more-chips-win-ai-race?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3328568/chinas-lesson-us-it-takes-more-chips-win-ai-race?utm_source=rss_feed Sat, 11 Oct 2025 04:00:13 +0000 Danielle Popov Danielle Popov Alibaba Group Holding has established a robotics artificial intelligence team at its Qwen laboratory, marking its entry into the AI-powered hardware industry as tech giants accelerate their development in the field, according to a researcher from the lab. “In case you don’t know, I set up a small team for robotics and embodied AI inside Qwen,” Lin Junyang, a tech leader at Qwen, said in a social media post on Wednesday, sparking speculation about Alibaba’s strategic initiatives in creating... https://www.scmp.com/tech/big-tech/article/3328342/alibabas-qwen-lab-sets-robotics-team-showcasing-its-ai-ambitions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3328342/alibabas-qwen-lab-sets-robotics-team-showcasing-its-ai-ambitions?utm_source=rss_feed Thu, 09 Oct 2025 07:00:14 +0000 Xinmei Shen Xinmei Shen China-US competition in artificial intelligence should not be viewed as a winner-takes-all race; rather, it is a marathon where the technology is adopted in different ways in work and life, according to Joe Tsai, the chairman of Alibaba Group Holding. “When it comes to AI, there’s no such thing as winning the race. I think it’s a long marathon,” Tsai, also chairman of the South China Morning Post, said at an event hosted by the American podcast All-In last month. The video and audio of the event... https://www.scmp.com/tech/big-tech/article/3328272/alibaba-chairman-joe-tsai-says-us-china-ai-competition-not-winner-takes-all?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3328272/alibaba-chairman-joe-tsai-says-us-china-ai-competition-not-winner-takes-all?utm_source=rss_feed Wed, 08 Oct 2025 13:18:45 +0000 Xinmei Shen Xinmei Shen Amap, Alibaba Group Holding’s answer to Google Maps, saw a record 360 million daily users on the first day of China’s “golden week” National Day holiday, as the company strengthens its local service offerings amid increasing competition with Meituan. On Wednesday, the first day of the extended eight-day break, Amap provided navigation for trips totalling over 9 billion km, also a record high, according to Alibaba, owner of the Post. Meanwhile, Amap’s new road safety alert system, Eagle Eye... https://www.scmp.com/tech/big-tech/article/3327598/alibabas-amap-hits-record-360-million-users-chinas-national-day-golden-week-begins?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3327598/alibabas-amap-hits-record-360-million-users-chinas-national-day-golden-week-begins?utm_source=rss_feed Thu, 02 Oct 2025 06:00:12 +0000 Wency Chen Wency Chen Alibaba Group Holding is reinforcing its team at Tongyi Lab by transferring artificial intelligence scientist Steven Hoi Chu-hong from its consumer product division to the unit responsible for foundational model development initiatives, according to people familiar with the matter. Hoi joined Alibaba in January as chief scientist of its Intelligent Information Platform, which oversees consumer-facing businesses including the group’s chatbot, UC Browser and Quark search engine. Alibaba owns the... https://www.scmp.com/tech/big-tech/article/3327268/alibaba-transfers-ai-scientist-steven-hoi-tongyi-lab-boosting-qwens-momentum?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3327268/alibaba-transfers-ai-scientist-steven-hoi-tongyi-lab-boosting-qwens-momentum?utm_source=rss_feed Mon, 29 Sep 2025 23:00:13 +0000 Vincent Chow Vincent Chow Alibaba Group Holding-backed artificial intelligence start-up Moonshot AI has introduced an “agent mode” in its flagship Kimi assistant, which can create multi-page websites and editable slides from simple user prompts. The Beijing-based company said on Thursday that the new “OK Computer” feature supported the processing of up to 1 million rows of input data at once, as well as multimedia outputs including text, audio and video. Alibaba owns the South China Morning Post. The feature was... https://www.scmp.com/tech/tech-trends/article/3326859/moonshot-ais-kimi-assistant-offers-agent-mode-creating-multi-page-websites-slides?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3326859/moonshot-ais-kimi-assistant-offers-agent-mode-creating-multi-page-websites-slides?utm_source=rss_feed Thu, 25 Sep 2025 11:00:15 +0000 Vincent Chow Vincent Chow Alibaba Group Holding and Nvidia on Wednesday unveiled a collaboration that will see the US semiconductor giant’s suite of “physical” artificial intelligence tools integrated into the Chinese tech firm’s machine learning-focused cloud platform for AI. Users of Alibaba Cloud, the AI and cloud computing services unit of Alibaba, are now able to access Nvidia’s embodied AI development toolkit, including data processing, real-world reinforcement learning and model training, according to the... https://www.scmp.com/tech/big-tech/article/3326715/alibaba-integrates-nvidias-ai-robotics-tools-cloud-platform?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3326715/alibaba-integrates-nvidias-ai-robotics-tools-cloud-platform?utm_source=rss_feed Wed, 24 Sep 2025 11:30:09 +0000 Ben Jiang Ben Jiang The artificial intelligence and cloud computing unit of Alibaba Group Holding has officially unveiled its largest-ever AI model, with performance benchmarks that rival those of leading American models, in the latest sign of the Chinese tech giant’s push to narrow the gap with US peers in this field. On Wednesday, Alibaba Cloud announced the Qwen3-Max model, with over 1 trillion parameters, just hours ahead of its annual Apsara Conference in Hangzhou, capital of eastern Zhejiang province. Parent... https://www.scmp.com/tech/tech-trends/article/3326689/alibaba-says-latest-ai-model-qwen3-max-rivals-best-offerings-openai-google?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3326689/alibaba-says-latest-ai-model-qwen3-max-rivals-best-offerings-openai-google?utm_source=rss_feed Wed, 24 Sep 2025 10:00:20 +0000 Zhang Shidong Zhang Shidong Alibaba Group Holding’s ambitious investment in artificial intelligence and an endorsement by one of the world’s most influential technology investors lifted its Hong Kong shares to a four-year high. Star US fund manager Cathie Wood bought a combined US$16.3 million of Alibaba shares, her first investment in the Chinese e-commerce giant in four years and a vote of confidence in the company’s focus on AI and on-demand delivery services. Wood’s Ark Fintech Innovation ETF bought US$8.18 million of... https://www.scmp.com/business/china-business/article/3326634/us-investor-cathie-woods-ark-buys-alibaba-shares-first-time-4-years?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3326634/us-investor-cathie-woods-ark-buys-alibaba-shares-first-time-4-years?utm_source=rss_feed Wed, 24 Sep 2025 04:39:35 +0000 Vincent Chow,Zhou Xin Vincent Chow,Zhou Xin Alibaba Group Holding plans to increase its capital expenditures on artificial intelligence infrastructure from the original 380 billion yuan (US$53 billion) over the next three years, the group’s CEO said on Wednesday. Eddie Wu Yongming, also the chairman of Alibaba Cloud, said at the Apsara Conference in Hangzhou, in China’s eastern Zhejiang province, that Alibaba’s cloud unit aimed to become “the world’s leading full-stack AI service provider” from computing power to models. Wu did not,... https://www.scmp.com/tech/big-tech/article/3326624/alibaba-boost-ai-spending-china-tech-giant-sees-agi-new-start?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3326624/alibaba-boost-ai-spending-china-tech-giant-sees-agi-new-start?utm_source=rss_feed Wed, 24 Sep 2025 03:29:36 +0000 Wency Chen Wency Chen Alibaba Group Holding’s semiconductor design unit, T-Head, has developed an artificial intelligence chip with capabilities that are on par with Nvidia’s H20 graphics processing unit (GPU), according to a report by state broadcaster China Central Television (CCTV). The report, which aired on Tuesday, showed T-Head’s PPU, an application-specific integrated circuit, being compared with Nvidia’s H20 and A800 GPUs in a performance benchmark during Premier Li Qiang’s visit to a data centre operated by... https://www.scmp.com/tech/tech-war/article/3325894/tech-war-alibaba-developed-ai-processor-par-nvidias-h20-chip-cctv-report-shows?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3325894/tech-war-alibaba-developed-ai-processor-par-nvidias-h20-chip-cctv-report-shows?utm_source=rss_feed Wed, 17 Sep 2025 13:00:15 +0000 Danielle Popov Danielle Popov Alibaba Group Holding has jumped into the burgeoning robotaxi market – which is a promising and profitable area for artificial intelligence applications – by investing in Hello, a ride-hailing business backed by its fintech affiliate Ant Group. Hello said on Wednesday that it had received “a strategic investment” from Alibaba to cooperate in areas such as algorithm platforms and smart driving large language models with the goal of achieving “commercialisation” and “scaled operations” of robotaxi... https://www.scmp.com/tech/big-tech/article/3325867/alibaba-enters-robotaxi-market-investment-ant-group-backed-hello?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3325867/alibaba-enters-robotaxi-market-investment-ant-group-backed-hello?utm_source=rss_feed Wed, 17 Sep 2025 11:00:12 +0000 Ann Cao Ann Cao Huawei Technologies has expressed optimism over the development of artificial general intelligence (AGI) over the next decade, while anticipating that global computing capacity will increase a staggering 100,000-fold by 2035. “AGI will be the largest driver of transformation,” the Shenzhen-based company said in a forecast report published on Tuesday. “Integrating artificial intelligence with the physical world is essential to achieving AGI, which could lead to a technological singularity.” The... https://www.scmp.com/tech/big-tech/article/3325865/ai-human-level-abilities-drive-tech-progress-next-decade-huawei-says?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3325865/ai-human-level-abilities-drive-tech-progress-next-decade-huawei-says?utm_source=rss_feed Wed, 17 Sep 2025 10:00:13 +0000 Ann Cao Ann Cao More than 40 million Amap users logged on to test its artificial intelligence-powered ranking service, as Alibaba Group Holding’s answer to Google Maps started ranking mainland destinations and providing recommendations for 1.6 million establishments. Amap Street Stars – which uses AI algorithms to rank destinations including restaurants, hotels and tourist attractions – recorded that many users on its launch on Wednesday, as the mapping app positioned itself as a gateway for lifestyle services,... https://www.scmp.com/tech/big-tech/article/3325225/amap-alibabas-answer-google-maps-sees-over-40-million-users-test-new-ranking-service?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3325225/amap-alibabas-answer-google-maps-sees-over-40-million-users-test-new-ranking-service?utm_source=rss_feed Fri, 12 Sep 2025 02:00:15 +0000 Enoch Yiu Enoch Yiu Alibaba Group Holding plans to raise US$3.2 billion by selling zero-coupon convertible senior notes, part of moves to fund its cloud and international e-commerce operations, according to a stock exchange filing on Thursday. The zero-coupon convertible senior notes – which mature on September 15, 2032 – would be sold via a private offering to non-US investors, the filing said. The US dollar-denomi denominated notes will not pay any interest but will allow bondholders to exchange the notes into... https://www.scmp.com/business/article/3325133/alibaba-raise-us32-billion-convertible-notes-fund-cloud-and-e-commerce-push?utm_source=rss_feed https://www.scmp.com/business/article/3325133/alibaba-raise-us32-billion-convertible-notes-fund-cloud-and-e-commerce-push?utm_source=rss_feed Thu, 11 Sep 2025 04:31:24 +0000 Wency Chen Wency Chen Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first half of this year, surpassing the combined share of its three closest rivals and solidifying its lead over competitors, according to a report from research firm Omdia. With a 35.8 per cent market share, Alibaba Cloud significantly outperformed ByteDance’s Volcano Engine, which ranked second at 14.8 per cent. Huawei Cloud followed with 13.1 per cent, while Tencent Cloud held 7... https://www.scmp.com/tech/big-tech/article/3325034/alibaba-holds-wide-lead-over-rivals-bytedance-huawei-tencent-chinas-ai-cloud-market?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3325034/alibaba-holds-wide-lead-over-rivals-bytedance-huawei-tencent-chinas-ai-cloud-market?utm_source=rss_feed Wed, 10 Sep 2025 09:00:28 +0000 Ann Cao Ann Cao Alibaba Group Holding on Wednesday launched an artificial intelligence-powered ranking feature on its online mapping service Amap, as the tech giant doubles down on AI applications and deepens its rivalry with food delivery leader Meituan. Amap Street Stars, a ranking featured on the app’s homepage, used AI algorithms to rank offline destinations including restaurants, hotels and tourist attractions, to “advance Amap’s role as the gateway for lifestyle services”, Alibaba said at the launch event... https://www.scmp.com/tech/big-tech/article/3324989/alibabas-amap-ranking-feature-latest-salvo-against-meituan-chinas-e-commerce-wars?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3324989/alibabas-amap-ranking-feature-latest-salvo-against-meituan-chinas-e-commerce-wars?utm_source=rss_feed Wed, 10 Sep 2025 04:23:33 +0000 Ann Cao Ann Cao Alibaba Group Holding has fired another shot at on-demand delivery giant Meituan, with a campaign that brings merchants from its Tmall business-to-consumer shopping platform onto its Taobao Instant Commerce site. The campaign – dubbed “Jishigou”, which translates to instant purchase in Chinese – has seen more than 260 brands on Alibaba’s Tmall premium retail platform join its instant commerce service, the company said on Tuesday. Alibaba owns the South China Morning Post. Taobao Shangou,... https://www.scmp.com/tech/big-tech/article/3324924/alibaba-mobilises-merchants-premium-tmall-site-join-instant-commerce-drive?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3324924/alibaba-mobilises-merchants-premium-tmall-site-join-instant-commerce-drive?utm_source=rss_feed Tue, 09 Sep 2025 12:17:10 +0000 Coco Feng Coco Feng Alibaba Group Holding has donated an undisclosed sum of money to China’s prestigious Tsinghua University to “contribute to the cultivation of high-quality AI talent”, as the nation rallies around efforts to embrace the development and use of the advanced technology. The donation would go to Tsinghua’s Wuqiong College, or Boundless College, a new school created in May to train the country’s top artificial intelligence undergraduates with a focus on core AI innovations and applications, according... https://www.scmp.com/tech/article/3324894/alibaba-donates-tsinghua-university-effort-groom-ai-talent-amid-shortage?utm_source=rss_feed https://www.scmp.com/tech/article/3324894/alibaba-donates-tsinghua-university-effort-groom-ai-talent-amid-shortage?utm_source=rss_feed Tue, 09 Sep 2025 10:00:34 +0000 Wency Chen Wency Chen Alibaba Group Holding is rolling out a new outfit for its delivery workers that resembles the racing suit for Formula One (F1) racers, as the company seeks to give China’s e-commerce sector a facelift. Alibaba will conduct an internal auction of 102 autographed uniforms, signed by group founder Jack Ma, CEO Eddie Wu Yongming and e-commerce chief Jiang Fan for the firm’s employees on September 10, Alibaba’s anniversary, according to a company post on Friday. The new orange uniform, a change from... https://www.scmp.com/business/banking-finance/article/3324791/new-f1-style-outfit-alibaba-shows-effort-give-china-e-commerce-sector-facelift?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3324791/new-f1-style-outfit-alibaba-shows-effort-give-china-e-commerce-sector-facelift?utm_source=rss_feed Tue, 09 Sep 2025 01:00:13 +0000 Ben Jiang Ben Jiang Meituan CEO Wang Xing is rallying employees around the firm’s instant commerce efforts, overseas expansion and greater social security for delivery workers, more than a week after reporting a sharp fall in second-quarter earnings amid a bruising price war with Alibaba Group Holding and JD.com. In his all-hands letter to staff over the weekend that was widely shared online, Wang said Meituan had served more than 770 million users over the past 12 months through the 14.5 million merchants on its... https://www.scmp.com/tech/big-tech/article/3324766/meituan-rallies-employees-around-expansion-plans-job-prospects-amid-bruising-delivery-war?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3324766/meituan-rallies-employees-around-expansion-plans-job-prospects-amid-bruising-delivery-war?utm_source=rss_feed Mon, 08 Sep 2025 11:00:14 +0000 Zhang Shidong Zhang Shidong Alibaba Group Holding jumped the most in more than three years, with the surge driven by optimism that the e-commerce juggernaut will survive cutthroat competition in on-demand delivery and that its artificial intelligence segment is gaining further traction. The stock surged 19 per cent to HK$137.10 on Monday, its biggest gain since March 16, 2022. It was also the best performer in the Hang Seng Index, which rose 2.2 per cent. Alibaba’s American depositary receipts (ADRs) jumped 13 per cent to... https://www.scmp.com/business/china-business/article/3323907/alibaba-rises-most-3-years-outlook-demand-delivery-and-cloud-business?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3323907/alibaba-rises-most-3-years-outlook-demand-delivery-and-cloud-business?utm_source=rss_feed Mon, 01 Sep 2025 09:00:17 +0000 Wency Chen Wency Chen E-commerce giant Alibaba Group Holding has won “consumer mindshare” amid its instant commerce push, according to company executives and analysts, to regain growth momentum in the highly competitive domestic market. The Chinese tech conglomerate’s New York-listed shares jumped 13 per cent to close at US$135 on Friday, after reporting robust earnings growth in the June quarter on the back of confidence on the mainland’s instant commerce sector. On Friday’s earnings call, Alibaba CEO Eddie Wu... https://www.scmp.com/tech/big-tech/article/3323775/alibaba-sees-strong-consumer-mindshare-reviving-e-commerce-momentum?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3323775/alibaba-sees-strong-consumer-mindshare-reviving-e-commerce-momentum?utm_source=rss_feed Sat, 30 Aug 2025 13:00:09 +0000 Ann Cao,Wency Chen Ann Cao,Wency Chen Alibaba Group Holding, China’s e-commerce and cloud computing services giant, on Friday reported a 78 per cent surge in profit for the June quarter, while “robust AI demand” led to a 26 per cent revenue growth for its cloud business. Net income attributable to ordinary shareholders advanced 78 per cent to 43.1 billion yuan (US$6 billion) in the period, up from 24.3 billion yuan a year earlier, primarily due to “mark-to-market changes from our equity investments and gains from the disposal of the... https://www.scmp.com/tech/big-tech/article/3323679/alibabas-quarterly-profit-surges-78-equity-investments-disposals?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3323679/alibabas-quarterly-profit-surges-78-equity-investments-disposals?utm_source=rss_feed Fri, 29 Aug 2025 10:55:11 +0000 Ann Cao Ann Cao Alibaba Group Holding’s online marketplace Taobao has launched a new membership system that integrates various services from the firm’s other apps, aiming to create synergies and drive growth across the company’s expansive ecosystem. The loyalty programme, free of charge, offers users a range of benefits from Taobao, on-demand delivery service Ele.me, online travel agency Fliggy, grocery chain Freshippo, and online mapping and ride-hailing service Amap. It was open to about 1 billion users on... https://www.scmp.com/tech/big-tech/article/3320969/alibabas-taobao-debuts-multi-tier-loyalty-scheme-offering-shopping-discounts-hotel-perks?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3320969/alibabas-taobao-debuts-multi-tier-loyalty-scheme-offering-shopping-discounts-hotel-perks?utm_source=rss_feed Wed, 06 Aug 2025 13:00:20 +0000 Ann Cao Ann Cao Alibaba Group Holding is set to launch a new membership programme spanning a range of services from an online marketplace to food delivery and travel booking, according to Chinese media reports and a person with knowledge of the matter, as the tech giant strives to recapture its leading position in China’s competitive e-commerce market. Alibaba’s e-commerce group, led by Jiang Fan, will provide members of Taobao – China’s largest online marketplace – with subsidised access to various other... https://www.scmp.com/tech/big-tech/article/3320855/alibaba-seeks-reclaim-e-commerce-dominance-china-cross-service-loyalty-scheme?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3320855/alibaba-seeks-reclaim-e-commerce-dominance-china-cross-service-loyalty-scheme?utm_source=rss_feed Tue, 05 Aug 2025 13:00:09 +0000 Ann Cao Ann Cao Alibaba Group Holding and Standard Chartered have entered a deal in which the Chinese technology giant’s artificial intelligence systems would be deployed across the operations of the British multinational bank. The two companies signed a memorandum of understanding that would see Standard Chartered leverage solutions from Alibaba Cloud – the Hangzhou-based firm’s AI and cloud computing services arm – to enhance operational efficiency and elevate customer experience, according to a statement on... https://www.scmp.com/tech/big-tech/article/3320031/alibaba-standard-chartered-partner-accelerate-ai-adoption-banking-sector?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3320031/alibaba-standard-chartered-partner-accelerate-ai-adoption-banking-sector?utm_source=rss_feed Tue, 29 Jul 2025 13:30:11 +0000