Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Nvidia is redesigning its H20 AI chip to meet U.S. export restrictions and aims to release the downgraded version in China by July, protecting billions in orders from major Chinese tech clients.
Alibaba shares are trading lower Wednesday after two senior U.S. lawmakers called on the Securities and Exchange Commission (SEC) to delist it along with other Chinese companies.
Alongside the short-form video experiment, Netflix also announced a redesign of its TV app interface, which aims to simplify navigation and reduce user “eye gymnastics.”
Nvidia CEO Jensen Huang warns that losing access to China's fast-growing $50 billion AI market due to U.S. chip restrictions would be a major blow to American innovation, jobs, and revenues, but says the company will stay agile and adapt.
Two senior U.S. lawmakers on Friday called on the Securities and Exchange Commission to delist 25 Chinese companies from U.S. stock exchanges, citing national security concerns over alleged military ties.
China's DeepSeek AI hype may be overblown, says Anthropic co-founder Jack Clark. Clark believes US still leads in AI research, but others believe China's push to build infrastructure could pose a threat.
Trump to sign Take It Down Act targeting deepfake media, while easing tariffs on foreign parts for US vehicles. Apple reports strong earnings and considers shift to India amid China tariff pressures.
The week was abuzz with news from the tech world, with artificial intelligence (AI) taking center stage. From potential policy changes affecting AI chip exports to the impact of AI on workloads and coding, the stories were as diverse as they were intriguing. Here's a quick recap of the top stories.
Nvidia is developing new AI chips for Alibaba, ByteDance, and Tencent in response to U.S. export restrictions on its H20 chip, which could cost the company $5.5 billion.