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(Bloomberg) -- Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms P

Prosecutors have declined to charge businesses in a number of recent cases—despite believing that senior employees were involved in wrongdoing.

Investing.com -- ZTE Corp. (HK:0763) unveiled a range of smartphones with integrated artificial intelligence services, joining Chinese manufacturers seeking to make agentic AI a central part of mobile operating systems, Bloomberg reported.

Moonshot's Kimi K3 tops coding charts and hits chip stocks as investors question America's AI lead over China.

The latest trading day saw Alibaba (BABA) settling at $114.97, representing a -2.14% change from its previous close.

The Standard & Poor's 500 index fell 1.6% this week, led by technology stocks, amid concerns about w

Japan's tech selloff spills into U.S. trading

AI Chip Stocks Under Pressure as China's Moonshot Challenges U.S. AI Leaders

Tech stocks were mixed Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XL

In early 2025, the release of DeepSeek’s R1 artificial-intelligence model sent tech stocks sliding. Moonshot AI, the Chinese lab backed by Alibaba Group on Thursday released its newest model, dubbed Kimi-K3. The model outperformed its most advanced peers from Anthropic and OpenAI across an array of coding tasks, according to model evaluator Arena AI.

Kimi K3 challenges assumptions about the technology gap

Moonshot claims Kimi K3 narrowed the performance gap with leading U.S. models and outperforms several competing systems on coding and agentic AI benchmarks.

(Bloomberg) -- President Xi Jinping hailed China’s progress in developing low-cost artificial intelligence, pressing his personal imprint on the country’s rapidly expanding global influence to call for a more open technological order.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsCIA Says AI Drones Give Russian Troops Only 30 Minu

China approves Apple Intelligence using Alibaba's Qwen model, boosting optimism for internet stocks and AI-driven growth.

Palantir's CTO says Chinese AI models may rely on distillation attacks and urges stronger protection of U.S. AI intellectual property.

Apple recently secured approval from China’s Cyberspace Administration to roll out its Apple Intelligence generative AI services, integrating Alibaba’s Qwen and Baidu technology across iOS, iPadOS, macOS, and visionOS devices in the country. This clearance gives Apple a way to embed locally compliant AI into its ecosystem in the world’s largest smartphone market, potentially reinforcing user stickiness against premium rivals like Huawei and Xiaomi. We’ll now examine how gaining regulatory...

Check out the companies making headlines yesterday:

Alibaba and Baidu are joining with Apple as it rolls out generative artificial-intelligence features across devices in China.

BABA is down 19.7% YTD as profit pressure, rising AI spending and legal overhangs cloud the outlook despite a recent July rebound.

Alibaba and Baidu are joining with Apple as it rolls out generative artificial-intelligence features across devices in China.

Investing.com -- Morgan Stanley analyst Erik Woodring said in a note to clients on Thursday that China's approval of Apple Intelligence represents a key catalyst for Apple, calling it a development that "should level the AI playing field in China" ahead of the company's first foldable iPhone launch.

Alibaba and Baidu are joining with Apple as it rolls out generative artificial-intelligence features across devices in China.

Alibaba and Baidu Rally as Apple Expands AI Push in China

Hong Kong shares ended higher, led by technology stocks. The Hang Seng Index gained 1.3% and the Hang Seng Tech Index added 2.0%. Among major stocks, Alibaba Group gained 3.1%, Baidu added 2.6% and Meituan rose 4.

Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 4.2% in the afternoon session after the company secured regulatory approval to launch Apple Intelligence in China by integrating Alibaba's Qwen AI model.

Yahoo Finance Tech Editor discusses Apple's (AAPL) newly approved rollout of iPhone AI features in China, explaining what the regulatory green light means for Apple's AI strategy, its position in the Chinese market, and the broader competitive landscape.

Apple's China AI Approval Sends Alibaba Stock Higher

New regulations prompt major Chinese AI platforms to disable customizable virtual companions and strengthen compliance measures.

(Bloomberg) -- Palantir Technologies Inc. Chief Technology Officer Shyam Sankar said that China has developed a new vanguard of artificial intelligence models through unauthorized use of work produced by Silicon Valley AI developers, posing an economic threat to the US.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits

(Bloomberg) -- Within President Donald Trump’s trade team, two sobering conclusions are emerging: China is cheating on its trade deal. And the US isn’t going to do much about it.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz Charge‘We Faltered’: IBM Plunges Most Sinc