Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.

Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.

Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in key benchmarks.

Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion

Alibaba Group Holding released on Wednesday an upgraded version of its Qwen artificial intelligence (AI) model, which it said "comprehensively outperformed" in certain benchmark tests DeepSeek-V3, the large language model (LLM) launched in December by China's hottest start-up.

UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud

The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is spearheading stock losses across the globe on Monday. Not even China was exempt.

China’s tech stocks outperform US rivals as AI wars heat up—Baidu surges 7.66%, Hang Seng gains 0.79%. US officials weigh tighter Nvidia export curbs as DeepSeek’s AI success raises national security concerns.

Parameter is a machine-learning term for variables present in an AI system during training, which helps establish how data prompts yield the desired output. Open source gives public access to a software program’s source code,

The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient computer chips.

1 Day BABA 0.72% DJIA -0.31% S&P 500 -0.47% Retail/Wholesale -0.21%