Alibaba develops next-gen chip for agentic AI, Chinese media says | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Alibaba group logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab BEIJING, March 24 (Reuters) - Alibaba (9988.HK), opens new tabon Tuesday revealed its next-generation XuanTie C950 5-nanometer processor at an internal conference on Tuesday ...

18 March 2026 China Pharma and Biotech Future of Tech: AI in China Healthcare Rebecca Liang, Ph.D. +852 2123 2656 rebecca.liang@bernsteinsg.com Ellie Li +852 2123 2621 ellie.li@bernsteinsg.com This report is part of a series on the Future of Tech in which we identify the key technologies and companies of the future. We provide an updated lay-of-the-land of AI applications in healthcare, across four industries: drug discovery, medical robots, AI imaging, and digital health and healthcare services. We see dru ...

China's AliExpress tells EU lawmakers it is working to comply with law | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Christel Schaldemose, an EU lawmaker and lead rapporteur on the DSA, said: "I will not be happy and I don't believe in your systems until the day I see it has an impact." An AliExpress pop-up store in London, Britain, November 11, 2025. REUTERS/Isabel Infantes/File Photo Purchase Licensing Rights, opens new tab Ma ...

Core Insights - Alibaba has launched Accio Work, an agentic AI platform aimed at small and medium-sized enterprises (SMEs), which can autonomously manage complex business operations [1][2][3] - The launch of Accio Work comes amid a surge in agentic AI interest in China, driven by consumer trends and the introduction of OpenClaw-based tools [2] - Alibaba is differentiating its AI offerings by focusing on specialized B2B tools rather than generalist platforms, emphasizing security and user permission for high-stakes operations [3][5] Group 1: Product Launch and Features - Accio Work is designed to deploy cross-functional AI teams without the need for coding or setup, contrasting with the consumer-driven AI frenzy [2] - The platform is part of Alibaba's broader strategy to separate its AI businesses from its cloud computing division, leading to the formation of the Alibaba Token Hub [4][6] Group 2: Strategic Positioning and Security - Alibaba's international commerce division aims to mitigate risks associated with agentic AI by focusing on controlled, specialized models that require human approval for critical tasks [5] - The company has introduced Wukong, another enterprise-focused AI platform, which can coordinate multiple AI agents for various business tasks [3]

UK's Frasers becomes top investor in ASOS | Reuters DoorDash rolls out emergency relief program as surging pump prices hit gig workers Businesscategory· March 23, 2026 · 1:07 PM UTC · ago Food delivery company DoorDash said on Monday it is launching an emergency relief program to help U.S. gig workers offset rising fuel costs. Sign up here. Reporting by Raechel Thankam Job in Bengaluru; Editing by Devika Syamnath Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights B ...

Core Insights - The GTC 2026 conference marks a shift in AI competition from chip-based to system-based, establishing a trend towards platformization of computing infrastructure [2][4] - The AI industry is entering a high-growth expansion phase, driven by increasing demand for computing power and capital investment [2][3] - The digital economy in China is fostering collaborative growth across the industrial chain, with a deepening integration of data elements and industries [2][4] - Global competition in AI is accelerating towards a systematic evolution, with parallel expansion of AI standards and computing infrastructure [2][4] Section Summaries Focus of the Report: GTC 2026 Driving AI Infrastructure Competition Upgrade - The GTC 2026 conference emphasizes the transition from chip upgrades to system upgrades in AI infrastructure, confirming the trend towards platformization [4] - The demand structure for AI is shifting from training-dominated to inference-driven, indicating a change in the nature of AI requirements [4] - The concept of physical AI is gaining traction, with accelerated implementation in real-world systems [4] AI Industry and Representative Company Dynamics - The global AI model token usage has reached a record high of 18.2 trillion calls, indicating explosive growth in demand [17] - The competitive landscape is solidifying around a dual-engine model driven by the US and China, with a significant shift in competitive focus [17] - Major AI companies are experiencing a surge in performance, infrastructure investment, and strategic positioning within the ecosystem [23] China Dynamics: Digital Economy Driving Collaborative Growth - The digital economy is enhancing collaborative growth across various sectors, with a focus on integrating data elements into industrial processes [2][4] Overseas Dynamics: US Launches "AI Export Plan" - The US is initiating an "AI export plan," which is expected to influence global AI standards and infrastructure development [2][4] Technological Frontiers: Breakthroughs in Intelligent Agents and Multimodal Models - Significant advancements are being made in intelligent agents and multimodal foundational models, which are crucial for the future of AI applications [2][4] Think Tank Perspectives: Data Governance in the Era of AI Agents - The increasing penetration of AI applications in educational contexts is prompting a reevaluation of cognitive capabilities and governance models [2][4]

March 17, 2026 12:59 PM GMT Technology - European Semiconductors | Europe M Foundation OpenClaw AI, NVDA GTC and Memory Join technology analysts Shawn Kim, Lee Simpson and Daniel Yen to discuss why OpenClaw became China's latest AI focus and implications for AI adoption for the rest of the world, early NVDA GTC event takeaways live from San Jose, and our latest checks for NAND, DRAM, and HBM market/pricing dynamics. Morgan Stanley & Co. International plc+ | Shawn Kim | | | --- | --- | | Equity Analyst | | | ...

Core Viewpoint - Tencent has launched a tool to integrate its WeChat platform with the OpenClaw AI agent, marking a significant move in the competitive landscape of AI technology in China [1]. Group 1: Tencent's Developments - The new software, named ClawBot, will function as a contact within WeChat, enabling over 1 billion monthly active users to interact directly with the OpenClaw AI agent [2]. - Users can send and receive commands through the WeChat messaging interface, facilitating tasks such as file transfers and email sending [2]. - Tencent has previously introduced its own AI agent suite, which includes QClaw for individual users, Lighthouse for developers, and WorkBuddy for enterprises [3]. Group 2: Industry Context - The integration of OpenClaw comes amid a surge in user interest in AI agents, prompting tech companies to explore new business opportunities despite security warnings from authorities [3]. - Competitors like Alibaba and Baidu are also advancing in the AI space, with Alibaba launching Wukong for enterprise AI coordination and Baidu developing various AI agents based on OpenClaw [4].

Quick Read The Race For AI Leadership Will Have Losers Soon Huge Tech Companies Need More Money Where Will Electricity Come From A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. The headlines won’t stop. The most recent is that Amazon’s (NASDAQ: AMZN) Jeff Bezos plans to raise $100 billion for a new AI Manufacturing Fund to buy manufacturing facilities and update their efficiency with AI. Alibaba an ...

Core Insights - Alibaba has significantly reduced its workforce by approximately 34%, ending December with 128,197 employees compared to 194,320 a year earlier, as part of a restructuring to focus on artificial intelligence [1][3][4] Financial Performance - The latest earnings report revealed a 67% drop in profit and revenue that fell short of market expectations, leading to a 6% decline in shares listed in Hong Kong [2][5][6][7] Workforce Reduction - The workforce cuts are largely attributed to Alibaba's exit from offline retail businesses, including the sale of its stake in Sun Art Retail Group and the exit from Intime, which decreased the need for employees in physical retail operations [3][4] Strategic Shift - Alibaba is transitioning away from labor-intensive segments towards areas requiring less physical infrastructure, indicating a faster restructuring phase compared to previous adjustments [4][8] AI Focus - The company is intensifying its focus on artificial intelligence, aiming to build a full-stack AI ecosystem that includes semiconductor development, computing infrastructure, and AI models, with the recent launch of an AI service called Wukong for enterprise users [9][10] Cloud and AI Revenue Goals - Alibaba's leadership has set ambitious targets to grow its cloud and AI revenue to over $100 billion annually within the next five years, reflecting a long-term shift towards high-margin technology services [11][12]