Artificial intelligence startup MiniMax secured backing from Alibaba Group Holding Ltd. and Abu Dhabi’s sovereign wealth fund ...

Alibaba dominates China’s e-commerce and cloud markets. Tencent owns the country’s top “super app” and gaming business. One ...

MiniMax, a Chinese AI startup, is preparing a $600 million IPO backed by Alibaba and Abu Dhabi investors as competition ...

Over the last five years, however, Alibaba's stock performance has diverged significantly from that of its American ...

BABA faces margin pressure as e-commerce competition intensifies, with profits plunging despite revenue growth and heavy AI ...

Alibaba Entrepreneurs Fund and Jack Ma, the person acting in its concert, cut their stake in Huayi Brothers Media to less ...

Chinese startup MiniMax aims to raise $492 million through Hong Kong IPO in 2026, positioning itself as a top AI contender ...

The bar for commerce in 2025 was simple: hold share, protect engagement, and avoid further erosion. Alibaba largely met that bar. While competitive pressure continues to weigh on margins, the commerce ...

The Chinese firm has plenty of ambitions in the AI sector. Find out its latest developments, plans, and potential for success.

CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key ...

In addition to the Abu Dhabi sovereign wealth fund and Alibaba, IDG Capital, Perseverance Asset Management and South Korea’s ...