Gmarket Inc., which Shinsegae acquired from eBay in 2021, is set to launch a joint venture with Alibaba this year to drive growth and leverage global expertise. To improve margins at its ...

Alibaba Group on Thursday launched a new version of its artificial intelligence assistant app that will be powered by its own flagship Qwen AI reasoning model, amid a heating global race to ...

The AI announcements – especially from China – seem to be coming thick and fast at the moment, with Alibaba hitting the headlines today. Only a month ago, Chinese eCommerce giant, Alibaba ...

The Hong Kong-listed shares of Alibaba Group surged more than 8% on Thursday following the release of a new reasoning model that the company said was on par with global hit DeepSeek's R1.

Alibaba shares surged after the Chinese behemoth revealed a new reasoning model it claims can rival DeepSeek's global blockbuster R1. Hong Kong-listed shares of Alibaba ended the Thursday session ...

Chinese tech giant Alibaba said its latest AI reasoning model, QwQ-32B, "rivals cutting-edge reasoning model, e.g., DeepSeek-R1." Both established and emerging AI players around the world are ...