Alibaba

Alibaba’s Tongyi Qianwen team has added two new dense models—2B and 32B—to its Qwen3-VL family, expanding support for visual-language understanding tasks. The company said both models are lightweight enough to run on smartphones and designed to be more “developer-friendly.” According to the team, Qwen3-VL-32B delivers performance comparable to larger models…

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Alibaba’s Quark business unit is developing a new AI initiative internally codenamed “Plan C,” according to Chinese tech media Sina Tech. The project is led by Quark’s core team with support from Alibaba’s Tongyi Lab and focuses on conversational AI products, with the first results expected soon. Sources said “Plan…

Alibaba Group and Ant Group jointly announced on Friday that they will invest about $925 million (RMB 6.6 billion) to purchase 13 floors of office space at One Island East in Hong Kong’s Causeway Bay, where the two companies will establish their new Hong Kong headquarters. The companies said the…

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Regulation Home » Regulation » Alibaba-backed Ant Group and JD.com freeze stablecoin plans after Beijing intervenes: FT Powered by Gloria | Edited by Vivian Nguyen Oct. 19, 2025 Regulatory pressure signals Beijing’s determination to maintain financial control and prevent private sector dominance in digital asset innovation. Key Takeaways Alibaba's Ant…

TLDR Bitcoin dropped to a four-month low of $103,850 during renewed bank stress. Zions and Western Alliance stocks plunged amid loan write-offs and weak trust. Jack Mallers said Bitcoin is reacting first to an expected liquidity crisis. Yields fell and spreads widened as fears of another banking crisis grew. 💥…

One Causeway Bay will be getting some Alibaba-flavoured rooftop signage (Image: Kohn Pedersen Fox) Chinese e-commerce giant Alibaba Group and its Ant financial affiliate have agreed to buy the top 13 floors of Mandarin Oriental Hotel Group’s nearly completed Causeway Bay commercial tower for $925 million in Hong Kong’s biggest…

Veteran comedian Alibaba has shared his thoughts on polygamy, saying he believes it has both practical and cultural value in society. Speaking in an interview with media personality Nedu, Alibaba explained that having more than one wife can help maintain peace in a home, as it encourages cooperation and reduces…

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