Wedbush Securities has added Datadog Inc (NASDAQ:DDOG) and SK Hynix (KRX: 000660) to its closely watched IVES AI 30 list, citing the memory super-cycle and...

The AI industry has fully entered the "agent era," a paradigm where AI models do far more than generate text — they now actively plan, execute, and course-correct complex tasks over days rather than seconds. Thus, it's perhaps unsurprising to see Chinese e-commerce giant Alibaba's famed Qwen Team of AI researchers release a model capable of performing autonomous agentic AI work over multiple days: that model has arrived in the form of Qwen3.7-Max which the company reports in a blog post achieved "~35 hours of continuous autonomous execution" — albeit, in a proprietary, not open source format, as prior Qwen Team releases were.

Despite the Q4 revenue miss, BABA's transition from traditional e-commerce to AI and quick commerce continues and is expected to reach a key inflection point in FY2027. Weak 1.2% YoY growth in CMR revenue during Q4 was driven by accounting changes; adjusted revenue would have grown 8% YoY. The disposals of Sun Art and Intime continued to weigh on BABA's year-over-year total revenue growth, but there will be no major impact in FY2027.

Alibaba (BABA) is deepening its AI hardware push with the launch of the Zhenwu M890, a new AI accelerator from its T-Head chipmaking unit that adds another laye

NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL) were recommended as final trades on CNBC's Halftime Report.

Alibaba Cloud revenue surged 40% YoY, while AI products now contribute roughly 30% of total cloud revenue. AI revenue run rate exceeded RMB36 billion as enterprise token consumption and inferencing demand accelerated across industries. Alibaba holds nearly $38 billion in cash, allowing aggressive AI infrastructure expansion without relying heavily on external debt markets.

Chinese tech giant unveils domestically built processor hours before the US chipmaker's hotly anticipated results Whether by coincidence or design, Alibaba chose to unveil its latest artificial intelligence chip just hours before Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), the dominant force in AI processors, reports one of the most closely watched sets of quarterly results this earnings season. The timing puts a spotlight on the intensifying competition Nvidia faces, not just from Chinese rivals building domestic alternatives under the pressure of US export curbs, but from an increasingly crowded field of Western challengers too.

Alibaba's latest AI chip has given investors another reason to look past near-term profit pressure. The Chinese technology giant unveiled the Zhenwu M890 on May 19, a processor it says delivers three times the performance of its predecessor, with 144GB of GPU memory and faster chip-to-chip communication for heavy AI workloads.

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, ​as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia processors ‌amid tightening U.S. export curbs.

The Chinese company said the Zhenwu M890 delivers three times the performance of its predecessor.