Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online...
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator's failed attempt to list in mainland...
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Huawei's HarmonyOS is encountering significant hurdles in its path to successful commercialization. However, since its launch, Huawei has integrated the digital yuan into HarmonyOS,...
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market...
China's Alibaba has announced the launch of a new generation of open-source large language models (LLMs), titled the Qwen2.5 series. Notably, Qwen2.5 has outperformed Meta's Llama...
Chinese AI companies showcased resilience and innovation at the 2024 World AI Conference (WAIC 2024) amid the US's tightening AI chip export sanctions.
Alibaba Group Holding's cloud computing division, Alibaba Cloud, has announced plans to discontinue its data center operations in Australia and India as part of a strategic shift...
While the AI market in China is experiencing explosive growth, there are expectations that related services like computing, big data, storage, and data centers will grow accordingl...
