Chinese tech giant Alibaba unveiled its latest artificial intelligence reasoning model on Thursday, boasting that its capabilities beat those of rival models from OpenAI and startup DeepSeek.

Alibaba shares have risen 70% in the past year ... Earnings per share per ADS of $2.93 also beat estimates. Both results beat consensus estimates from analysts polled by Visible Alpha.

Alibaba Group BABA spread cheer among investors ... Earnings of $2.93 per ADS missed the Zacks Consensus Estimate of $3.08 but were higher than the year-ago earnings of $2.67.

Alibaba Group BABA delivered mixed results in ... However, non-GAAP earnings of $2.93 per ADS fell short of estimates, suggesting a complex growth narrative. The e-commerce giant's core business ...

Well-known Chinese giant Alibaba is following in DeepSeek’s footsteps with a different type of AI software that also happens to be very exciting. Alibaba made its text-to-video AI service called ...

Adjusted earnings per ADS of $2.93 beat the analyst consensus estimate of $2.66. Adjusted net income rose 7% Y/Y to $7 billion. Alibaba Group shares jumped 9.5% to $137.77 on Thursday. Here are ...

By transforming Quark into an intuitive AI super assistant, Alibaba aims to leverage its foundation models to further improve end-user experiences. This is part of its ongoing effort to turn ...