Alibaba plans to "invest at least 380 billion yuan ($53 billion) over the next three years to advance its cloud computing and AI infrastructure", a company statement said.

U.S.-listed Chinese stocks trading higher in premarket on Friday as Chinese companies raise funds overseas and Alibaba ...

Chinese companies, mainly those in the tech sector, are accelerating plans to raise funds offshore, tapping into a rebound in ...

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...

The stock is up significantly so far in 2025 as there have been rumors of a potential DayOne IPO, though the company later ...

SAN FRANCISCO — Turo, a car rental startup in San Francisco, has been trying to go public since 2021. But a volatile stock ...

Key Takeaways: iMotion Automotive raised HK$228 million through new share placement, three months after raising a smaller ...

DeepSeek, a Chinese artificial intelligence company, has sent shockwaves through the tech world with its claim of matching ...

LinkedIn co-founder Reid Hoffman said in a latest program on CNBC that the DeepSeek breakthrough was not “news” for him and ...

China is rapidly advancing in AI, electric vehicles, and renewable energy, challenging Western tech dominance while ...

Market uncertainty stalls IPO wave as companies delay listings. Inflation, AI-driven sell-offs, and regulatory shifts raise ...