China plans to publish guidance to boost the use of open-source RISC-V chips in the country for the first time, Reuters reported, citing people with knowledge of the matter. The guidance for expanding the use of RISC-V chips could be unveiled as soon as this month,

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.

Beyond its home turf, Alibaba is expanding its international e-commerce businesses to diversify away from its reliance on its home market. This segment has been growing rapidly lately, with revenue up by 32% year over year in the latest quarter. In other words, Alibaba is making solid strides in rejuvenating the growth of its e-commerce businesses.

Alibaba's stock soars on profit growth and Beijing's stimulus, but risks of correction emerge as valuation exceeds intrinsic estimates. Read more here.

With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is becoming a Chinese AI leader, which should help lift its valuation multiple, while flipping its AIDC business to profitability should also be a nice lift to earnings.

On a recent Thursday afternoon, around five or six young people were busily preparing for an evening event at a street-side restaurant in Hangzhou, capital of China's eastern Zhejiang province, celebrating the major renovation of the steamed bun eatery that had opened eight months earlier.

The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.

Damo Academy, Alibaba Group Holding's research arm, has launched its first server-grade central processing unit (CPU), marking a significant step in the tech giant's efforts to boost its artificial intelligence (AI) capabilities and counter US chip restrictions.

Powered by AI, Alibaba delivered a double beat for Q3 earlier this morning triggering a double-digit bounce in its stock. Learn more about BABA stock here.

HONG KONG--Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue ... capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the ...