14 h. ago Alibaba leads US$60 million investment in AI video generation start

The Beijing-based start-up behind the popular artificial intelligence video generator PixVerse has raised US$60 million in a funding round led by Alibaba Group Holding, the largest single amount raised by a domestic AI video generation firm, according to an announcement on Wednesday. Other participants in the funding round included Singapore-headquartered venture capital firm Antler and the Beijing Artificial Intelligence Industry Investment Fund. A valuation was not disclosed. The deal comes as...

Economics

15 h. ago Watch Alibaba Leads China Tech Funding Spree | The China Show 9/11/2025

Watch Alibaba Leads China Tech Funding Spree | The China Show 9/11/2025  Bloomberg

Politics

35 h. ago Alibaba holds wide lead over rivals ByteDance, Huawei, Tencent in China's AI cloud market

Alibaba holds wide lead over rivals ByteDance, Huawei, Tencent in China's AI cloud market  Yahoo Finance

Politics

36 h. ago Alibaba holds wide lead over rivals in China’s AI cloud market

Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first half of this year, surpassing the combined share of its three closest rivals and solidifying its lead over competitors, according to a report from research firm Omdia. With a 35.8 per cent market share, Alibaba Cloud significantly outperformed ByteDance’s Volcano Engine, which ranked second at 14.8 per cent. Huawei Cloud followed with 13.1 per cent, while Tencent Cloud held 7...

Politics

3 d. ago Alibaba Cloud leads US$140 million funding round for AI start

Alibaba Group Holding’s artificial intelligence and cloud computing services unit recently led a 1 billion yuan (US$140 million) Series A+ funding round for X Square Robot, a Shenzhen-based developer of embodied intelligence models. The deal marked Alibaba Cloud’s first investment in the embodied intelligence field, according to a statement on Monday from X Square Robot. The start-up said it expected “multidimensional support” from the Hangzhou-based company. Alibaba owns the South China Morning...

Economics

3 d. ago Alibaba leads $100 million investment in Chinese humanoid robot startup

Alibaba leads $100 million investment in Chinese humanoid robot startup  CNBC

Economics