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Alibaba

China Grants Approval for Nvidia H200 Chip Purchases by Tech Firms Alibaba

China Grants Approval for Nvidia H200 Chip Purchases by Tech Firms

TLDR China grants approval to ByteDance, Alibaba, and Tencent to purchase over 400,000 Nvidia H200 chips. Approval comes with conditions that may slow down purchases, including restrictions and requirements for domestic chips. The H200 chip outperforms Nvidia’s previous model, the H20, by six times in terms of performance. Chinese authorities…
bubmag
January 28, 2026
Nvidia (NVDA) Stock: China Approves H200 Chip Sales to ByteDance, Alibaba, Tencent Alibaba

Nvidia (NVDA) Stock: China Approves H200 Chip Sales to ByteDance, Alibaba, Tencent

TLDR China approved ByteDance, Alibaba, and Tencent to purchase over 400,000 Nvidia H200 AI chips combined The approvals came during Nvidia CEO Jensen Huang’s visit to China this week Beijing is attaching conditions to the approvals, which sources say are still being decided One source claims the licenses are too…
bubmag
January 28, 2026
Alibaba-backed Wook moves closer to IPO as Southeast Asia drives growth Alibaba

Alibaba-backed Wook moves closer to IPO as Southeast Asia drives growth

Wook, an Alibaba-backed cross-border company focused on consumer electronics accessories, is moving closer to the public markets. Shenzhen Wook Feifan Technology, referred to hereafter as Wook, submitted its prospectus to Hong Kong Exchanges and Clearing on January 20, seeking a main board listing. Huatai International is serving as the sole…
bubmag
January 28, 2026
Alibaba founder Jack Ma says children should be taught how to use AI, not whether to use it Alibaba

Alibaba founder Jack Ma says children should be taught how to use AI, not whether to use it

Credit: Alibaba Speaking online at an event hosted by a rural education charity foundation, Jack Ma said AI posed challenges for rural education but also offered an opportunity to return to the core purpose of teaching. “In the AI era, the question is no longer whether to use AI, but…
bubmag
January 28, 2026
DeepSeek taps Alibaba open-source AI technology to boost OCR performance Alibaba

DeepSeek taps Alibaba open-source AI technology to boost OCR performance

The Chinese AI start-up says its latest OCR model delivers stronger performance after adopting an Alibaba-developed open-source model Published: 10:00pm, 27 Jan 2026 Updated: 11:57pm, 27 Jan 2026 Chinese artificial intelligence start-up DeepSeek on Tuesday unveiled an upgraded version of its optical character recognition (OCR) model, incorporating an Alibaba Cloud-developed…
bubmag
January 27, 2026