Big Tech sold off on Monday after reports that Chinese startup DeepSeek created an artificial intelligence (AI) model that outperformed OpenAI's at a substantially lower cost.

DeepSeek's low-cost models are set to face stiff competition from Alibaba's latest model as well as from the U.S. technology giants.

Alibaba Group (NYSE:BABA) has introduced its latest artificial intelligence model, Qwen2.5-Max, asserting that it outperforms competitors such as OpenAI's GPT-4o, DeepSeek-V3, and Meta's Llama-3.1....

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.

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 latest trading day saw Alibaba (BABA) settling at $89.99, representing a +0.96% change from its previous close.

It would be easy to dismiss the ideas of stepping into a stake in China's e-commerce giant Alibaba Group (BABA 3.53%). The company has underperformed for several quarters now.

Chinese e-commerce and cloud behemoth Alibaba stock stock has gained about 12% since early 2024 but remains down over 70% from its 2020 highs. The stock trades at a reasonable $85 per share, equiva...

Alibaba (BABA) reachead $85.38 at the closing of the latest trading day, reflecting a +0.31% change compared to its last close.

Alibaba stock price has remained on edge in the past few days as investors waited for the next actions from the incoming Donald Trump administration. It was trading at $85.10, up by about 6.2% from...

Alibaba's recent quarter showed strong revenue and operating income growth, driven by international commerce and cloud segments, despite currency headwinds and macroeconomic challenges. Management'...

The latest trading day saw Alibaba (BABA) settling at $81.68, representing a +1.42% change from its previous close.

The market indexes continued to soar in 2024, but there are still plenty of excellent companies selling at attractive valuations. With earnings multiples for top growth stocks starting to look frot...

Investors have long marveled at the resilience of Amazon. Despite its massive size, it has continued to return high levels of growth amid its leadership in e-commerce, cloud computing, and, more re...

2024 was an excellent year for the stock market as many companies delivered respectable returns to investors. As 2025 begins, investors are looking for opportunities that can deliver solid long-ter...