Hangzhou
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ALIBABA

Hangzhou, China

infrastructureFounded 1999200,000 employees

About

Chinese multinational technology company. Develops Qwen AI models and operates major cloud platform.

Recent News

China AI labs slash costs as Moonshot, Z.AI and DeepSeek surge

China AI labs slash costs as Moonshot, Z.AI and DeepSeek surge

Fortune reports that Chinese labs Moonshot AI, Z.AI and DeepSeek are now offering frontier‑level models like Kimi K3 and GLM‑5.2 at a fraction of U.S. competitors’ prices, with some tokens priced under 2 percent of Anthropic’s Fable. The story, published July 26, 2026 at 5:00 PM ET, details how these models are gaining traction with U.S. developers and enterprises despite export controls. ([fortune.com](https://fortune.com/2026/07/26/china-moonshot-deepseek-zai-kimi-challenging-us-ai-cost/))

1d agoFortune

Kimi K3 Chinese open AI model challenges US rivals

Chinese startup Moonshot AI’s Kimi K3, a massive open‑weight model launched in mid‑July, is rapidly gaining global users and is being adopted by US developers drawn to its low cost and strong performance. An AP feature on July 26, 2026 highlights how Kimi K3 and other Chinese open models are winning users like Mozilla CTO Raffi Krikorian and pushing firms such as Alibaba to roll out increasingly capable systems, putting pressure on OpenAI and Anthropic in key workloads.

2d agoAssociated Press
China’s open-weight AI surge rattles Google and US dominance

China’s open-weight AI surge rattles Google and US dominance

On July 21, 2026, the Guardian’s TechScape column reported that Chinese startup Moonshot’s new open-weight Kimi K3 model and other low-cost Chinese systems are challenging US AI leaders. The piece says Google’s delays with Gemini and Beijing’s subsidised compute are fueling investor anxiety about America’s AI edge.

1w agoThe Guardian

Stock ImpactBABA Price vs News

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