Joseph Tsai, Chairman and Co-Founder of Alibaba, said at the World Governments Summit that for governments concerned with data privacy, open source allows them to "claim sovereignty and claim ownership of the model" by deploying it on their own secure infrastructure.
Justin Lin, head of Alibaba Group Holding Ltd.’s Qwen series of open-source large language models, has put the odds of any Chinese company leapfrogging leaders such as OpenAI or Anthropic through fundamental breakthroughs at less than 20% over the next three to five years.
Huawei has unveiled DeepSeek-R1-Safe, a safety-focused version of the DeepSeek AI model that prioritises compliance with Chinese regulations by blocking politically sensitive and harmful content while maintaining strong performance.
DeepSeek refreshes its AI line-up with V3.1, a faster, chip-optimised model designed to keep it competitive while the world awaits its next big release.
Shares of Eternal will be in focus during the trading session on Thursday as the parent company Zomato and Blinkit is likely to see a block deal on Thursday, August 7.
This strategic exit move by Antfin underscores a broader realignment of shareholding in the Indian fintech major, coming amid growing investor interest and evolving regulatory oversight in India’s digital payments space.
Paytm shares: One 97 Communications will be in focus during the trading session on Tuesday as Alibaba Group's arm Antfin is likely to divest up to 4 per cent stake worth Rs 2,066 crore.
Chinese tech giants intensify global AI battle with affordable models, challenging Western dominance.
The development signals a shift in competition between Chinese and US tech companies, particularly under the constraints of US export controls on advanced chips, especially to China.
Alibaba unveils new open-source AI models promising high-quality video generation and enhanced efficiency.
The partnership comes amid rising market competition in the AI space globally.





