Reported about 10 hours ago
Alibaba Group Holding Ltd. has experienced a remarkable resurgence, becoming a leading AI player in China's tech sector, with its shares rising 46% since hitting a low in January 2025, adding nearly $87 billion to its market value. The company's renewed focus on AI services, spurred by the unveiling of new technologies from the startup DeepSeek and a partnership with Apple for AI features in China, has attracted investor interest, reversing previous declines caused by regulatory challenges and market slowdowns.
Source: YAHOO