Alibaba’s 8% Surge on Renewed Optimism in China’s Tech Sector
Alibaba’s share price climbed 8% on Thursday as the company’s latest AI release coincided with mounting optimism in the Chinese tech sector. Source link
Alibaba’s share price climbed 8% on Thursday as the company’s latest AI release coincided with mounting optimism in the Chinese tech sector. Source link
Uncertainty over President Donald Trump’s tariffs rattled Wall Street on Thursday, sending the Dow Jones Industrial Average tumbling by more than 500 points just after the opening bell. The S&P 500 Index and the tech-heavy Nasdaq Composite were also down more than 1% at the start of trading on Thursday. Tech stocks, including Broadcom, Nvidia,…
Investors continue to grapple with Trump’s shifting tariff policy and worries about the economy. Source link
Alibaba shares were rising after the Chinese firm said the latest version of its Qwen AI was comparable with DeepSeek’s R1 that shocked the world in January. Source link
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares surged on Wednesday 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 up 8.39% — hitting…
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McDonald’s is seeking to bolster its customer base, particularly among low-income diners and families. Credit: Robert V Schwemmer/Shutterstock. McDonald’s has initiated a technology overhaul at its 43,000 restaurants, incorporating internet-connected kitchen equipment and AI-driven tools for managers, The Wall Street Journal reports. McDonald’s chief information officer Brian Rice told the publication that the fast-food giant…
By Che Pan and Brenda Goh BEIJING (Reuters) – 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. Qwen, the e-commerce leader’s artificial intelligence unit, said on X that its QwQ-32B,…
Microsoft ($MSFT) backed OpenAI is reportedly launching a PhD-level research agent that could cost $20,000 per month. The ultra-high-costing AI (artificial intellig… Source link
Alphabet’s ($GOOGL) Google is experimenting its latest AI-only version of Search that aims to revolutionize users’ search experience. The new tool is called “AI Mod… Source link