Alibaba Group News - July 2026
Ant International raises $1.2 billion, paving way for Hong Kong IPO
Ant International raised approximately $1.2 billion in a Series A financing round on Tuesday. Alibaba Group and Ant Group joined international investors to...
🟢 Alibaba Group is trading 3.4% up today on unveiling of new Qwen AI model and Apple Intelligence progress
• Alibaba Group is trading 3.4% up today at $118.84 following the unveiling of its new Qwen 3.8 Max AI model, touted as the second most advanced globally. •...
AliExpress Faces Record €550M EU Fine, Failing to Block Illegal Goods
The European Union fined Alibaba’s AliExpress €550 million for failing to prevent the sale of illegal and unsafe products. This penalty represents the largest...
Alibaba debuts Qwen3.8 Max AI, challenging Claude with 2.4 trillion parameters
Alibaba released a preview of its flagship Qwen3.8 Max AI model. This model features 2.4 trillion parameters. Alibaba claims its performance rivals leading...
Alibaba Open-Sources SAIL Software, Challenging Nvidia’s CUDA Dominance
Alibaba's chip design unit, T-Head, open-sourced its SAIL AI software stack at the World AI Conference in Shanghai. This move directly challenges Nvidia’s...
Moonshot AI launches Kimi K3, the world's largest open-source AI model
Moonshot AI launched its Kimi K3 model on July 16, 2026. The model contains 2.8 trillion parameters, making it the world's largest open-source AI model. The...
Moonshot AI launches Kimi K3, challenging U.S. rivals with open-weight model
Chinese startup Moonshot will launch Kimi K3 in the coming days. The model contains between 2 and 3 trillion parameters. This scale represents a significant...
🟢 Alibaba Group is trading 4.6% up today on reports of Apple AI partnership in China
Alibaba Group is trading 4.6% up at $117.49 following reports that Apple has selected the company to power its AI features for iPhones in the Chinese...
Alibaba Bans Anthropic AI, Citing Security Risks and New China Rules
Alibaba officially banned employees from using Anthropic’s Claude AI coding assistant on July 10, 2026. Internal assessments flagged the American software as a...
🟢 Alibaba Group is trading 4.9% up today on reports of OpenAI and Google AI model access
Alibaba Group is trading at $117.88, up 4.9% in after-hours sessions following reports that OpenAI and Google are supplying advanced AI models to the company's...
🟢 Alibaba Group is trading 3.1% up today on reports of access to advanced OpenAI and Google AI models
Alibaba Group is trading 3.1% up today at $114.59 as reports surface that OpenAI and Google are supplying advanced AI models to its Singapore unit. • The...
🟢 BABA is trading 8.7% up today on earnings optimism and narrowing instant-commerce losses
BABA is trading 8.7% up now at $106.65 following a sharp early-session rally driven by narrowing losses in its instant-commerce business and rising optimism...
MiniMax to Launch 2.7 Trillion-Parameter AI Model, Rivaling Western Tech
Chinese AI developer MiniMax is developing a new large language model codenamed M3 Pro. The model features 2.7 trillion parameters. Release is scheduled for...
🟢 BABA is trading 11.5% up today as China eyes AI models as critical national assets
BABA is trading 11.5% up at $109.40 in pre-market action, sharply above its previous close of $98.14, following reports that China’s Ministry of Commerce may...
China Weighs Overseas AI Access Limits, Protecting Critical National Assets
The Ministry of Commerce met with Alibaba and ByteDance to discuss restricting overseas access to advanced AI models. These early-stage talks cover both open...
Alibaba Bans Anthropic’s Claude Code, Citing Security and Training Disputes
Alibaba will prohibit employees from using Anthropic’s AI coding assistant, Claude Code, starting July 10, 2026. The company classified the tool as high-risk...