Alibaba & DeepSeek home province, Zhejiang, launched a policy to accelerate AI research, generating potential revenues of $138.6 billion by 2027.

FY 2025 revenue and profits grew 7% and 36% YoY, but both missed analyst expectations. Click here to find out why BABA stock is a Hold.

A new plan from the Zhejiang government will see billions of yuan spent through 2027 to support AI companies and attract ‘top talent’.

Alibaba Group Holding Ltd. has unveiled ZEROSEARCH, a groundbreaking framework designed to dramatically reduce training costs for large language models, potentially transforming the economics of AI development.

The current earnings season has largely been a letdown for China’s big tech stocks, lowering the hurdle for Baidu Inc. to impress investors seeking a fresh angle on the artificial intelligence theme.

Meta's aggressive pivot toward AI-powered eyewear is already gaining traction. The Ray-Ban Meta smart glasses, launched in late 2023, have catalyzed a surge in global demand. Sales of AI glasses jumped 216% year-on-year in Q1 2025 to 600,000 units, according to market data, with Meta accounting for nearly 90% of those shipments.

The UAE is optimistic that Falcon Arabic AI will enable it to take on Meta and Alibaba. However, the open-source alternatives from China’s DeepSeek and Meta have advanced faster than Falcon. Trump visited the UAE and pledged to strengthen US-UAE ties to deepen cooperation in AI.

The Chinese search-engine giant snapped a three-quarter run of falling revenue, posting a rise for the first three months of the year as it develops new growth drivers in AI.