Alibaba CEO Wu Yongming: The entry threshold for advanced models will increase to tens of billions or even hundreds of billions of US dollars.
The greatest imagination of generative AI is not to create one or two new super apps on mobile screens, but to take over the digital world and transform the physical world. The entry threshold for the next stage of advanced models is on the scale of tens of billions or hundreds of billions of dollars. And robots will be the next industry to undergo tremendous changes, where all movable objects in the future will become intelligent robots.
Shares of US-listed Chinese Stocks Are Possibly Trading Higher Ahead of Expectations That the People's Bank of China Will Cut Rates. Also, the Sector May Be Experiencing Strength After the Fed Cut Rates by 50 Basis Points.
After Lightning Port, EU Targets Apple's iPhone and iPad Systems, Demands Greater Access for Third-Party Developers
Express News | Alibaba has repurchased for two consecutive days, with a total expenditure of nearly 0.12 billion US dollars.
The price war of large models continues! Alibaba announced: TONGYI QIANWEN three block orders models will be further reduced in price, with a maximum reduction of 85%.
The large-scale price war continues! On September 19th, alibaba's 2024 Yunqi Conference opened, announcing a series of heavyweight products. At the same time, alibaba's official WeChat platform also released news today, announcing another price reduction for the three main models of the common sense and question model on the Aliyun BaiLian platform. Among them, the price of Qwen-Turbo has dropped to 0.3 yuan per million input tokens, an 85% drop from before, and the input prices of Qwen-Plus and Qwen-Max have been reduced by 80% and 50% respectively. It is worth noting that Qwen-Plus's reasoning ability is on par with GPT4.
US stocks are volatile | Chinese concept stocks collectively rise alibaba(BABA.US) up more than 3%.
Chinese concept stocks are collectively rising, as of the time of publication, Alibaba's stock has risen more than 3%.
Alibaba Shares Are Trading Higher After the Company Announced the Launch of More Than 100 New Open-source AI Models and Introduced a Text-to-video Generation Tool.
Express News | Hu Xiaojia, the head of Alibaba Group's strategic investment, has joined the fund led by Zhang Yong, and has previously promoted investment in the dark side of the moon.
Sector Update: Consumer Stocks Advance Pre-Bell Thursday
Express News | Ishares China Large Cap ETF up 2.9%, Kraneshares CSI China Internet ETF up 3.6%
Express News | Alibaba up 4%, PDD Holdings up 3.7%, NetEase up 2.6%, Baidu up 3.2%
Express News | Li Auto up 3%, JD.com up 5.9%, NIO up 5.4%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Domestic Stocks Close Higher After Fed Rate Cuts
Arm Reaches for 20% Revenue Growth on AI Tailwinds: JP Morgan
Express News | Jingzhunxue has obtained a financing of 200 million yuan from Alibaba.
US stock market preview | All three major futures indexes rose, Nasdaq futures rose more than 2%; technology stocks and Chinese concept stocks rose collectively before the market, Alibaba rose more than 4%, Nvidia and Tesla rose more than 3%
Bitcoin surpassed $63,000 today, with pre-market gains in crypto-related stocks. MSTR and MARA rose over 5%; Tesla rose nearly 3% pre-market, with Robotaxi set to debut soon, and bullish views from Wall Street institutions.
Capital Trend | Beishui has been buying Alibaba for 5 consecutive days, reducing holdings of Meituan by more than 0.6 billion Hong Kong dollars.
Southbound funds net bought HKD 2.604 billion in Hong Kong stocks.
Alibaba - SW(09988.HK) repurchased 5.678 million shares on September 18, at a cost of $59.977 million.
On September 19th, Gelonghui announced that Alibaba-SW (09988.HK) spent $59.977 million on September 18th to repurchase 5.678 million shares.
Morgan Stanley Maintains Alibaba(BABA.US) With Hold Rating, Maintains Target Price $90
Morgan Stanley analyst Gary Yu maintains $Alibaba(BABA.US)$ with a hold rating, and maintains the target price at $90.According to TipRanks data, the analyst has a success rate of 38.3% and a total
The net inflow of Alibaba in Hong Kong stock connect is 3.683 billion Hong Kong dollars.
There was a net inflow of 3.683 billion Hong Kong dollars and 0.119 billion Hong Kong dollars into alibaba (09988.HK) and Xiaomi Group (01810.HK) respectively. There was a net outflow of 0.606 billion Hong Kong dollars, 0.562 billion Hong Kong dollars, and 0.197 billion Hong Kong dollars from Meituan (03690.HK), CNOOC (00883.HK), and li auto inc (02015.HK) respectively. The highest net capital inflow of Hong Kong stock connect (Shanghai) was into Alibaba (09988.HK) with 1.318 billion Hong Kong dollars, while the highest net capital outflow was from Tracker Fund of Hong Kong (02800.HK) with 1 billion Hong Kong dollars.