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  1. 6 hours ago · Alibaba Group Holding has emerged as a major backer of Moonshot AI, one of China’s hottest artificial intelligence (AI) start-ups, holding a 36 per cent stake in the firm, according to the e ...

  2. 6 hours ago · In a year filled with ups and downs for global tech giants, Alibaba Group has demonstrated both resilience and faced challenges. With significant investments in artificial intelligence and cloud computing, the company is charting a new course in an evolving digital landscape. “Alibaba is about the future,” said Chairman Joe Tsai in a letter to

  3. 6 hours ago · This includes integrating Alibaba Cloud’s generative AI capabilities to create new applications and services, aiming to optimize business operations and enhance customer insights. The partnership, initiated in 2019, has been extended for an additional five years, with LVMH introducing around 30 of its brands to Tmall Luxury Pavilion.

  4. 1 day ago · The report disclosed details of Alibaba ‘s investment in the artificial intelligence startup Moonshot AI. As of the fiscal year ending March 31, 2024, Alibaba Group Holding Limited invested a total of approximately $800 million to acquire about 36% equity stake in Moonshot AI as a preferred stock investment. Moonshot AI was established in ...

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  6. 4 hours ago · Alibaba Group Holding Ltd. is set to sell up to $5 billion worth of convertible bonds, a move aimed at funding share repurchases and supporting its key growth initiatives. This decision comes shortly after JD.com Inc., a rival Chinese online retailer, raised $1.75 billion through a similar bond sale. The convertible bonds can be exchanged for ...

  7. 1 day ago · Alibaba Group (9988) yesterday said it will sell convertible bonds to raise about US$4.5 billion (HK$35.1 billion), following a US$1.75 billion offering by rival Chinese online retailer JD.com ...

  8. 6 hours ago · Alibaba Unleashes Litter of Koons Balloon Dog Knockoffs. For collectors who care more about price than pedigree, there's an option. By Eileen Kinsella , Jul 28, 2014.

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