[New] E-commerce giant Alibaba climbed 3.7% and Baidu, maker of the Ernie chatbot, jumped 9.5% after it said it plans to spin off its artificial intelligence computer chip unit Kunlunxin, which would list shares in Hong Kong early 2027.
KIRO 7 News Seattle
[New] Alibaba plans to deploy USD50bn into AI over three years, intending to shift earnings contribution away from a flattening e-commerce business toward cloud and AI services, where its scale is meaningful, but monetization still lags western peers.
Ashmore Group
[New] The world will increasingly work in two parallel tech stacks - a Western one centred on OpenAI, Google and Nvidia, and a Chinese one based on DeepSeek, Alibaba and Huawei.
The New Indian Express
[New] The number of commercial foundationmodels will grow from 200 to more than 500, while the big five (Alibaba, Baidu, Tencent, ByteDance, Zhipu) will expand the line of multimodal and industry models, and open-source initiatives will become a nationwide platform for joint development and certification.
Chelidze Group
Major Chinese internet firms like Alibaba, Tencent, and Baidu are accelerating AI investments, with combined spending projected to exceed $10 billion in 2026 to enhance cloud services and generative models amid U.S. restrictions.
GeopoliticsUnplugged Substack
Alibaba signaled it may exceed its planned 380 billion yuan AI buildout as cloud demand outpaces available compute, a trend analysts expect peers to follow. / China
Balfour Capital Group
Alibaba denies US national security claims; China embassy calls allegations baselessThe US accused Alibaba of funneling data and tech to China's PLA, deeming it a national security threat under CFIUS review of cloud deals worth $10 billion.
GeopoliticsUnplugged Substack
Last updated: 04 January 2026
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