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Showing results for "#Alibaba Group"
China lags behind in AI race amid lack of advanced chips, regulations
The biggest challenge is lack of access to cutting-edge graphics processing units (GPUs) from companies like Nvidia owing to US trade sanctions.
Wall St edges up with tech-focused shares; regional banks fall
The February reading of personal consumption expenditures (PCE) price index due Friday may offer more clues about the Federal Reserve's interest rate...
Alibaba's breakup plan lifts hopes China's tech crackdown is ending
The group's Hong Kong-listed shares jumped as much as 16.3%, tracking a 14.3% rally in its U.S.-listed shares overnight .
Alibaba lays off nearly 10,000 employees in 3 months: Report
These layoffs come after Alibaba reported a 50 per cent drop in net income in June. These are an effort to cut expenses amid sluggish sales and a...