Tech
Alibaba launches HK$80 billion share placement to finance AI expansion
The $10.2 billion sale of 710 million shares would fund full-stack AI capabilities and become Hong Kong’s largest primary follow-on offering.
Etiqueta: <span>Alibaba</span>
Tech
Apple builds a China-specific AI model with Alibaba support
The proprietary model adds a new layer to Apple’s planned Chinese AI stack, where Qwen integration and Baidu technology are also expected, but the companies have not explained how responsibilities will be divided.
Finance
Alibaba introduces paid Qwen office tiers from 200 yuan a year
Three annual subscription levels and separately priced video credits create a paid layer around Qwen’s office assistant, while Alibaba keeps the core chatbot available without charge.