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Source: Anton Levy is stepping down as General Atlantic's co-president and chairman of global technology; Levy led investments in Alibaba, Facebook, and more
(
www.axios.com
)
2025-2-1
Facebook
Alibaba
After DeepSeek Shock, Alibaba Unveils Rival AI Model That Uses Less Computing Power
(
slashdot.org
)
2025-1-30
Alibaba
AI
Alibaba releases AI model it claims surpasses DeepSeek-V3
(
indianexpress.com
)
2025-1-29
Alibaba
AI
Alibaba releases Qwen 2.5-Max, an AI model which the company claims “outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B”
(
www.reuters.com
)
2025-1-29
Alibaba
AI
Alibaba's Qwen team releases Qwen2.5-VL, a new series of AI models that can control PCs and phones, as well as perform a number of text and image analysis tasks
(
techcrunch.com
)
2025-1-28
Alibaba
AI
Chinese esports companies, including Tencent and Huya, face growth challenges in China, the world's biggest esports market; the industry earned ~$3.8B in 2024
(
t.co
)
2025-1-27
China
Tencent
Alibaba, Datadog, and Quesma Join Forces on Go Compile-Time Instrumentation
(
opentelemetry.io
)
2025-1-25
Alibaba
Tencent unveils Hunyuan3D 2.0, an AI system that turns single images or text prompts into 3D models in seconds, and open sources it on HuggingFace and GitHub
(
venturebeat.com
)
2025-1-22
AI
Tencent
GitHub
The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list
(
www.reuters.com
)
2025-1-16
China
Alibaba
AI
Akamai plans to end its CDN services in China on June 30, 2026, saying customers can move to an Akamai CDN outside China or use local providers like Tencent
(
www.theregister.com
)
2025-1-8
China
Tencent
Tencent repurchased 3.93M Hong Kong shares worth $193M on January 7, its largest buyback since April 2006, following its addition to a US blacklist
(
www.bloomberg.com
)
2025-1-8
Hong Kong
Tencent
US Adds Tencent, CATL To List of Chinese Firms Aiding Beijing's Military
(
yro.slashdot.org
)
2025-1-7
China
Tencent
Tencent's stock drops 6%+ after the US DoD added it to a blacklist of companies with alleged ties to China's military; it may face delisting or index removals
(
www.bloomberg.com
)
2025-1-7
China
Tencent
Alibaba Cloud partners with 01.AI, the Beijing-based AI unicorn founded by former Google China head Kai-Fu Lee, to set up an “industrial large model laboratory”
(
www.scmp.com
)
2025-1-4
China
Google
Alibaba
AI
Alibaba cuts pricing of its vision-language AI model by 85% amid fierce competition in China
(
indianexpress.com
)
2025-1-2
China
Alibaba
AI
Alibaba cuts pricing of its vision-language model by 85% amid fierce competition in China
(
indianexpress.com
)
2025-1-2
China
Alibaba
Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business
(
www.bloomberg.com
)
2025-1-1
Retail
Alibaba
Alibaba Slashes Prices On LLMs By Up To 85% As China AI Rivalry Heats Up
(
slashdot.org
)
2025-1-1
China
Alibaba
AI
Ant Group's payment app Alipay adds an AI-powered image search feature as it tries to become a super app like rival Tencent's WeChat
(
www.scmp.com
)
2025-1-1
AI
WeChat
Tencent
Alipay
Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China
(
www.cnbc.com
)
2025-1-1
China
Alibaba
AI
Alibaba agrees to merge its South Korean operations with E-Mart's Gmarket, creating a 50-50 joint venture; sources say the new company could be valued at ~$4B
(
www.bloomberg.com
)
2024-12-26
Korea
Alibaba
Alibaba's Qwen unveils QvQ-72B-Preview, an experimental research model focused on “enhancing visual reasoning capabilities”, built upon Qwen2-VL-72B
(
qwenlm.github.io
)
2024-12-26
Alibaba
Report: Alibaba splits the team developing apps for its AI chatbot Qianwen from the team that builds its LLM, following similar moves by ByteDance and Baidu
(
www.scmp.com
)
2024-12-21
Alibaba
AI
chatbot
Sources: Apple is in early-stage talks with Tencent and ByteDance about integrating their AI models into iPhones sold in China; ChatGPT is unavailable in China
(
www.reuters.com
)
2024-12-19
China
AI
Apple
Tencent
Two Tencent-appointed Epic board directors resigned after the DOJ expressed antitrust concerns; Tencent also gave up its right to appoint future Epic directors
(
deadline.com
)
2024-12-19
Tencent
Omdia estimates Microsoft bought 485K of Nvidia's Hopper GPUs in 2024, ByteDance and Tencent bought ~230K each, Meta bought 225K, and Tesla/xAI bought ~200K
(
t.co
)
2024-12-18
Microsoft
Tesla
Tencent
Nvidia
Alibaba agrees to sell its Intime department store business, part of a plan to unify online and offline retailing in 2017, for ~$1B, taking a record $1.3B loss
(
www.bloomberg.com
)
2024-12-17
Alibaba
How Tencent's MoreFun Studios, on the verge of collapse a decade ago, is fueling the company's ambitions to create “evergreen” global gaming franchises
(
www.bloomberg.com
)
2024-12-11
Tencent
GroupM expects global ad industry revenue to grow 9.5% in 2024, passing $1T for the first time, with Google, Meta, ByteDance, Amazon, and Alibaba earning 50%+
(
t.co
)
2024-12-10
Google
Amazon
Alibaba
GroupM: global ad industry revenue will hit $1T for the first time in 2024; Google, Meta, ByteDance, Amazon, and Alibaba are expected to earn 50%+ of the total
(
www.ft.com
)
2024-12-9
Google
Amazon
Alibaba
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