Beauty And The Bear: Michael Burry, Estee Lauder Snub China Both Michael Burry and Estee Lauder have strategically reduced their exposure to China – and Burry doubled his bet on the global beauty giant.
Alibaba Targets $1.5B From Bond Sale Linked To Health Arm: Retail’s Byuoant The bond deal will not accrue interest but has an option to be converted into Alibaba Health shares, cash, or a mix of both.
Polestar Partners With Volvo Cars To Expand Manufacturing Into Europe The Polestar 7 is currently planned to be the second car to be built at the Kosice plant after a yet-to-be-announced Volvo model.
Wix Stock Climbs On Alibaba Tie-Up To Boost Global E-Commerce Aimed At Benefiting Small Merchants The companies announced that additional features, including AI-powered product discovery, automated onboarding, and intelligent product matching, are forthcoming.
What's Going On With Alibaba Stock Today? Wix merchants will gain curated access to Alibaba's supplier network to test new markets and scale efficiently.
Alibaba Cloud Opens Third Malaysia Data Center, Plans Second in Philippines Alibaba expands cloud networks and AI capabilities globally, opening new data centers in Malaysia, Philippines, and South Korea by 2025.
Alibaba Turns Up The Heat On AI With New Image-Video Generation Tools To Take On Google, OpenAI The Chinese tech industry has pushed the pedal on AI, with Alibaba's Qwen models and Baidu's Ernie bot, in a substantial way this year.
China's Ant Group Boosts R&D Spending To Record $3.26 Billion In 2024 Amid AI Push Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during 2024.
Trump Ends US Trade Discussions With Canada Over Digital Tax President Trump halted trade talks with Canada over its new digital tax, and warned of impending tariffs.
Alibaba Expands Qwen AI Suite In Broader AI Push, But Retail Sentiment Stays Tepid Alibaba’s new Qwen VLo AI model enables real-time text-to-image editing as the company ramps up efforts to rival global AI leaders and deepen its push into generative technology.
Alibaba's AI Model Outperforms Radiologists In Early Gastric Cancer Detection Alibaba showcased an AI model that can detect gastric cancer in early stages by scanning CT images. It outperformed radiologists and was open-sourced.
SoftBank's Masayoshi Son Sets Sights On Artificial Super Intelligence Domination With Bets On OpenAI And Ampere: 'I'm All In' SoftBank CEO Masayoshi Son aims to position the company as a leading platform provider in the artificial super intelligence sector within the next decade, with major investments in companies like Ampere and OpenAI.
US-China Trade Deal Could Be Finalized Next Week, Says Harvard Scholar: 'They Are Going To Stabilize This' A Harvard scholar has suggested that the United States and China are on the verge of finalizing a trade deal, with the potential for an agreement as soon as next week.
