Henry Siu

Alibaba says its largest-ever model, Qwen3.8 Max, is second only to Anthropic’s Claude Fable 5.

China's internet regulator also approved six other services, mostly from Chinese smartphone makers.

The AI developer is looking to raise another $7.4 billion just weeks after closing its first funding round.

Samsung accelerates a key factory by up to two years, part of a $1.35 trillion push into AI chips and memory in South Korea.

The amount raised eclipsed Alibaba’s $25 billion New York IPO in 2014.