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Alibaba Restructures AI Organization, Develops Video Model HappyHorse

Alibaba is restructuring its AI organization while developing HappyHorse, a top-ranked video model, as part of a broader push across models, cloud, and applications...

Alibaba, Tencent, Baidu Q4 earnings reveal what AI ambition costs

Alibaba Cloud revenue grew 36% YoY as AI product revenue posted triple digit growth for a 10th straight quarter Tencent spent RMB 18B on AI in 2025 and plans to double that in 2026 Baidu AI powered business now accounts for 43% of core revenue , up from 26% a year ago Alibaba and Baidu

Alibaba Launches Quark AI Glasses

Alibaba’s Quark brand debuts its dual-chip, AI-powered smart glasses integrated with Qwen, with prices starting at just USD $265...

Billionaire Alibaba Invests $53 Billion in AI to Compete with Top Tech Companies

Chinese billionaire Jack Ma’s company, Alibaba, is making a big move into artificial intelligence (AI) by investing $53 billion over the next three years to improve its AI technology, including building big data centres. This plan puts Alibaba in competition with major tech companies like Microsoft...

Alibaba founder Jack Ma returns to China for school visit: Report

The report also said the billionaire businessman, who is a former English teacher, returned to China after a brief stop in Hong Kong, where he met friends and also briefly visited Art Basel...

Alibaba to Split Into 6 Parts, Including Digital Media and Entertainment Group

Chinese billionaire Jack Ma’s technology conglomerate Alibaba Group Holding is splitting into six groups, including an entertainment business, with each of them set to be “independently managed by its own chief executive officer and board of directors,” the company said on Tuesday. Daniel Zhang will serve as CEO and chairman of the holding company, which reminded

Alibaba Sells Stake in Indian Digital Payment Platform Paytm

On February 11, data from the Bombay Stock Exchange showed that Alibaba.com Singapore E-Commerce has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal...

Alibaba denies building headquarters in Singapore

On Friday, Chinese tech giant Alibaba dismissed reports that it was moving its headquarters to Singapore and investing RMB 8.4 billion ($1.2 billion) in the country as “incorrect and misinterpreted.” “Alibaba was founded and developed in Hangzhou, and our global headquarters will always be in Hangzhou,” a spokesperson told Chinese media outlet The Paper...

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Esports World Cup 2026 drives surge in crypto prediction market activity as JD Gaming advances to playoffs

While most of the gaming world was watching JD Gaming clutch their way through a best-of-3 elimination match against MIBR.LOS in Paris on July 16, a parallel competition was playing out on Polymarket. Crypto traders were placing bets on the outcome in real time, and the volume was anything but trivial. JDG’s victory secured the

Scott Bessent’s 3% deficit target looks increasingly out of reach, Fox News analysis suggests

Treasury Secretary Scott Bessent set a bold fiscal target when he unveiled his “3-3-3” plan: cut the federal deficit to 3% of GDP by the time President Trump’s term ends in 2028. The plan vs. reality Bessent’s “3-3-3” framework targets three goals pegged to the number three: reduce the deficit to 3% of GDP, grow

What Is an LLC Limited and How Does It Work?

An LLC, or Limited Liability Company, is a popular business structure that offers personal liability protection to its owners, known as members. This means your personal assets are typically safe from business debts and legal actions. LLCs likewise benefit from pass-through taxation, allowing profits and losses to be reported on your personal tax returns. Comprehending

Keyrock acquires BlockFills trading assets to expand institutional crypto business

The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets. Updated Jul 16, 2026, 3:29 p.m. Published Jul 16, 2026, 3:26 p.m. Keyrock CEO and co-founder Kevin de Patoul. (Keyrock) Keyrock acquired the trading and brokerage assets of BlockFills' institutional digital asset business.