Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.
Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Capital. The move comes months after Meituan agreed to pay $717 million for […]<br /> This story continues at The Next Web [...]
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Meituan open sources LongCat-2.0, the 1.6T, near-frontier agentic coding model that's been leading OpenRouter — trained entirely on Chinese chips
A few hours ago, Chinese delivery app company Meituan officially unveiled LongCat-2.0 on GitHub, Hugging Face, and its native platform, unmasking the model as the computational engine behind "Owl [...]
Alibaba's AI video model rises to No. 2 in global rankings, as OpenAI's Sora and ByteDance's Seedance fall away
Alibaba Cloud on Sunday released HappyHorse 1.1, a major upgrade to its AI video generation model that the company says delivers production-ready video synthesis across core content creation scenarios [...]
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
Did Alibaba just kneecap its powerful Qwen AI team? Key figures depart in wake of latest open source release
Alibaba's Qwen team of AI researchers have been among the most prolific and well-regarded by international machine learning community — shipping dozens of powerful generalized and specialized g [...]
Alibaba's proprietary Qwen3.7-Max can run for 35 hours autonomously and supports external harnesses like Anthropic's Claude Code
The AI industry has fully entered the "agent era," a paradigm where AI models do far more than generate text — they now actively plan, execute, and course-correct complex tasks over days r [...]
Alibaba's Qwen3.7-Plus supports text, video and imagery inputs at low cost of $0.4/$1.6 per 1M token — but it's proprietary
Alibaba this week released Qwen3.7-Plus, the latest AI large language model (LLM) in its globally beloved and increasingly expansive Qwen family, boasting more multimodal capabilities and a 60% lower [...]
China’s Meituan says its new AI model was trained on domestic chips
LongCat-2.0, a 1.6-trillion-parameter model, is the first of its size to be trained end-to-end on home-grown silicon, the company says, in a pointed answer to US export controls. The most striking cla [...]
Apple could roll out AI features for iPhones in China as early as May
Apple's artificial intelligence features for iPhones could be available in China as early as May, according to Bloomberg. The company reportedly established several teams in China and the US to m [...]