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Alibaba's shares jump after it lands a major customer for its AI chips

Alibaba shares rose on Wednesday after Chinese state media reported that the e-commerce giant secured a major customer for its artificial intelligence chips. China Unicom will deploy Alibaba's AI accelerators from its semiconductor unit called Pingtouge or T-Head, according to a report from China state broadcaster CCTV. Alibaba does not sell chips directly, but companies can effectively use the computing power based on those semiconductors by buying Alibaba cloud services. A person familiar wi

Mads Mikkelsen Reunites With ‘Hannibal’ Creator Bryan Fuller to Slay Monsters in ‘Dust Bunny’

We may never get another season of Hannibal, but there’s some comfort to be found in Dust Bunny, Hannibal creator Bryan Fuller‘s feature directorial debut—which just so happens to star Dr. Lecter himself, Mads Mikkelsen. He plays a hired killer who befriends his young neighbor after she loses her family; she believes a monster did it, but he’s got an equally scary, more real-world idea of the culprit. Check out the first trailer for Dust Bunny here: Written and directed by Fuller, Dust Bunny a

Alibaba shares surge as AI boom drives cloud unit sales

Alibaba posted a better-than-expected bottom line in the June quarter on Friday, fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business, sending shares higher. Still, the Chinese giant's revenues came in under analyst forecasts. U.S.-listed shares of the Chinese giant had gained nearly 13% on Friday after the company announced results. On Monday, Alibaba's Hong Kong-listed shares surged more than 19% before paring some gains. Here's how Al

Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Alibaba 's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development. It's the highest level for the stock since March. Investors have backed the company's improving performance in its key cloud unit and are content with the the tech giant's investment into new a

Why did dlclose not unload the library? (2023)

Recently, at work, we were debugging an issue where dlclose was not unloading the library . You might wonder why that even matters - if your library contains any global symbols, then their state will persist across a dlopen, dlclose sequence. In other words, your library isn’t starting from a clean state every time. In the case we were debugging, this issue manifested in the following fashion: We had two libraries libA and libB and libA dynamically depends on libB. When you dlopen libA, it also

Alibaba shares jump 13% as AI drives cloud unit acceleration

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock climbed 12.9% in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 252.9 billion yuan expected.

Alibaba shares jump 10% as AI drives cloud unit acceleration

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock climbed 10% in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 252.9 billion yuan expected. N

Alibaba shares jump 6% in premarket trading as AI drives cloud unit acceleration

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock was up more than 6% in premarket trading in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 2

Alibaba's cloud unit shines even as rivalry heats up in China's 'instant commerce' space

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock was up around 4% in premarket trade in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue : 247.65 billion Chinese yuan ($34.6 billion), versus 252.9

Alibaba says smart car spinoff Banma plans to list shares in Hong Kong

Alibaba -backed Banma, a provider of technology for smart cars, is planning to list shares on the Hong Kong Stock Exchange, according to a filing. In a filing dated Aug. 21, Alibaba said it currently owns about 45% of Banma and will continue to control over 30% of the company's stock after the listing. Banma said in a filing that the announcement does not guarantee a listing will take place. Banma, founded in 2015 and based in Shanghai, is "principally engaged in the development of smart cockp

Life After the Atomic Blast, as Told by Hiroshima’s Survivors

THIS ARTICLE IS republished from The Conversation under a Creative Commons license. “I’m not sure if it was the effect of the atomic bomb, but I have always had a weak body, and when I was born, the doctor said I wouldn’t last more than three days.” These are the words of Kazumi Kuwahara, a third-generation hibakusha—a survivor of the atomic bombing of Hiroshima and Nagasaki in Japan 80 years ago. Kuwahara, who still lives in Hiroshima, was in London on May 6 this year to give a speech at a V

China’s Newest Pair of Smart Glasses Are Meta’s Biggest Threat Yet

It’s official: Alibaba is entering the smart glasses game. After rumors that percolated late last week, Alibaba unveiled its official plans to put out frames that look awfully similar to Meta’s Ray-Bans, but with a few key advantages that could help them blow way past U.S. competition. The smart glasses, called Quark AI, are actually a lot more similar to Meta’s Ray-Bans than I expected. For one, they do not feature a display of any kind and instead focus more on here-and-now features like call

Alibaba to launch AI-powered glasses creating a Chinese rival to Meta

Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba's first foray into the smart glasses product category. Alibaba on Monday unveiled a pair of smart glasses powered by its artificial intelligence models, marking the Chinese firm's first foray into the product category. The e-commerce giant said the Quark AI Glasses will be launched in China by the end of 2025 with hardware powered by the firm's Qwen large language model and its

China’s Smart Glasses Are Once Again Going All the Way Off

There are officially too many wild pairs of smart glasses coming out of China to keep track of. First, it was Xiaomi with its Ray-Ban-stomping pair of glasses that can record 45 minutes of consecutive video and boast an 8.5-hour battery life. Then, just last week, a company called Wigain announced a breakthrough in making mass-producible smart glasses with optical waveguide lenses. Those, I might add, also feel very Meta-killing. Now, it’s Alibaba’s turn, or it’s about to be if rumors are to be

I drank every cocktail

I Drank Every Cocktail The International Bartenders Association, or IBA, maintains a list of official cocktails, ones they deem to be “the most requested recipes” at bars all around the world. It’s the closest thing the bartending industry has to a canonical list of cocktails, akin to the American Kennel Club’s registry of dog breeds or a jazz musician’s Real Book of standards. The IBA official cocktail list is the kind of list that has its own Sporcle quiz and its own Wikipedia article—an “IB

On Mexico’s Caribbean Coast, There’s Lobster for the Tourists and Microplastics for Everyone Else

The fishermen of Puerto Morelos, on Mexico’s Caribbean coast, risk their lives every time they head out to sea to fish or dive for lobsters. Their bounty is dependent on luck, as the weather often makes it impossible to go out, while on other days the hooks they cast come back empty. These workers set out every day to find the best lobsters possible for the affluent vacationers who come to the region, while they and their families, cut off from many of the benefits of tourism development, get by

Tailor, a ‘headless’ ERP startup, raises $22M Series A

Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round. Investors include ANRI, JIC Venture Growth Investments (JIC VGI), New Enterprise Associates (NEA), Spiral Capital and Y Combinator. ERP systems typically come with a single interface that includes all the necessary functions, but this can be inflexible and restrict customization options. In contrast, a “headless” ERP system separates the front end (user inter

An Introduction to Tribalism for the Modern World That Has Forgotten It

The Western world lives under the rule of law and holds sacred the institutions that enforce them. We believe in contracts, in due process, and in a system of justice that is fair, at least in theory. But what happens when that system frays? What happens when there is a growing class that is above the law? The unsettling answer is that an older, more brutal set of rules re-emerges. It’s a system of power that has governed humanity for nearly all of its history called tribalism. This is an intro

The photographer using AI to reconstruct stories lost to censorship

Video screens glow softly from the floor, looping footage of salt lakes, steppe villages, and decaying nuclear test sites. Suspended above them is a large handwoven textile map, crafted by artisans in Kazakhstan. The tapestry maps 12 significant sites across Kazakhstan and the surrounding region, each corresponding to one of the flickering videos below. This is Posthuman Matter: The Map of Nomadizing Reimaginings #3, the latest large-scale installation by photographer and multimedia artist Almag

Rubrik acquires Predibase to accelerate adoption of AI agents

Data cybersecurity company Rubrik announced Wednesday its intent to acquire Predibase. Predibase is a venture-backed startup that helps companies train and fine-tune open source AI models to customize them to their needs. Rubrik is the latest company to make an acquisition with the goal of boosting enterprise AI agent adoption. Terms of the deal were not disclosed, though CNBC reported that the deal was between $100 million and $500 million, a sizable range. Rubrik declined to comment on the de

Out of the Ashes of Comixology, a New Digital Comics Platform Rises

Amazon’s catastrophic mishandling of Comixology–leading to its shuttering and folding into the Kindle platform at the end of 2023–has left a huge hole in the internet for comics readers wanting a similar, broad marketplace for digital comics. Now, at long last, it might be coming, with the help of a few former Comixology veterans. Announced this week, former Comixology executives David Steinberger and Chip Mosher have created Neon Ichiban, spinning out of their comics publisher DSTLRY, a new wo

Apple Intelligence could be about to launch in China despite US government fears

There are strong indications that Apple Intelligence could be about to launch in China, following its deal with Alibaba to use its Qwen models. A local report says that Alibaba has updated its ChatGPT competitor Qwen3, which has been optimized for the AI framework used on Apple devices … Apple can’t use ChatGPT in China Apple partnered with OpenAI for the launch of Apple Intelligence, with fallback to ChatGPT for anything Apple’s own AI systems can’t handle. However, ChatGPT is banned in Chi