Alibaba Group's focus on artificial intelligence has ignited investor enthusiasm, leading to a 52% surge in its shares this September, making it the top performer on the Hang Seng Tech Index.
Nvidia's recent partnership with Alibaba marks a significant step in AI development. Integrating Nvidia's tools into Alibaba's Cloud Platform, this collaboration aims to enhance robotics and self-driving technology, while Alibaba ramps up its AI investment.
Amid the chaos of Super Typhoon Ragasa, Asian stocks saw a slight uptick, driven by Alibaba's commitment to invest heavily in AI and positive news from the semiconductor sector.
In a surprising turn of events, China's internet watchdog has ordered major companies like Alibaba and ByteDance to cancel their orders for Nvidia's RTX Pro 6000D chip. This move follows a push for enhanced control over AI technology imports.
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The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.
Alibaba is set to revolutionize the tech world with its Quark AI Glasses, launching in China by 2025. Powered by advanced AI, these glasses promise to deliver unparalleled smart features that will change how we interact with technology.
Alibaba Group is set to raise approximately HK$12 billion through exchangeable bonds to enhance its global cloud services and commerce ventures. The tech giant is making significant moves amidst fluctuating markets and economic data.
Apple's partnership with Alibaba to enhance AI features for iPhones in China is stirring controversy. U.S. lawmakers express concerns over potential user data access and its implications for national security.
In a surprising turn, Nvidia and major chip stocks like AMD and Qualcomm saw a decline as the AI trade faltered. Concerns over tariffs and competition from Alibaba loom large, dragging down the tech-heavy Nasdaq.
