alibaba
Nvidia sidelined, Alibaba crowned in Beijing’s chip power play. Alibaba Cloud is chasing AWS
Alibaba’s chip announcement isn’t an upgrade. It’s a message. “China’s Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks” (US News). The design runs Nvidia’s software stack but comes out of a Chinese fab, not Taiwan. That’s insulation …
Beijing retaliates after US trade chief mocks China as “addicted” to American tech, orders ByteDance and Alibaba to halt Nvidia chip purchases
“We don’t sell them our best stuff, not our second-best stuff, not even our third-best… You want to sell the Chinese enough that their developers get addicted to the American technology stack, that’s the thinking” https://www.msn.com/en-us/news/technology/china-reportedly-discouraged-purchase-of-nvidia-ai-chips-due-to-insulting-lutnick-statements/ar-AA1KX76p According to FT, China’s senior leaders found Secretary Lutnick's "addicted to American technology stack" comments “insulting”, leading to policymakers …
US lawmakers urge the SEC to delist Alibaba, $BABA, and other Chinese companies trading in the US
(Reuters) – Two Republican lawmakers have urged the U.S. Securities and Exchange Commission to delist Chinese companies, including Alibaba Group, that they say have military links that put U.S. national security at risk, the Financial Times reported on Friday. The chair of the House China committee, John Moolenaar, and the chair of the Senate committee …
ALIBABA FIRES BACK AT DEEPSEEK – CHINA’S AI WAR GOES NUCLEAR
🇨🇳ALIBABA FIRES BACK AT DEEPSEEK – CHINA’S AI WAR GOES NUCLEAR Alibaba just dropped Qwen 2.5-Max in a direct challenge to DeepSeek’s meteoric rise, claiming it crushes GPT-4o, DeepSeek-V3, and Llama-3.1-405B. DeepSeek’s shockwave through Silicon Valley has investors panicking… https://t.co/0gL7tjDTgu pic.twitter.com/Ib9TbXd1Ns — Mario Nawfal (@MarioNawfal) January 29, 2025 Here comes $BABA AI. Supposedly the best …
Michael Burry updates portfolio, closes $47 million semiconductor bet, shifts focus to Alibaba, JD, HCA, Oracle holdings.
BREAKING: Michael Burry has updated his portfolio. He has closed his $47 million bet against semiconductors, $SOXX. Holdings now:1. Alibaba, $BABA: 6.15%2. JD, $JD: 6.11%3. HCA Healthcare, $HCA: 5.72% 4. Oracle, $ORCL: 5.57% — unusual_whales (@unusual_whales) February 14, 2024 h/t DesmondMilesDant
Jack Ma’s Strategic Move: Plans to Sell $871 Million Worth of Alibaba Shares Next Week
The founder of the e-commerce platform, Jack Ma, is all set to sell Alibaba’s shares worth $871 million next week. The e-commerce company, in a regulatory meeting, has revealed that Jack Ma’s family trust will sell 10 million American Depository Shares of Alibaba Group Holdings, which are worth over $871 million, next week. https://thebuzz.news/article/jack-mas-to-sell-871-million-shares/11313/