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US lawmakers have called on the Securities and Exchange Commission (SEC) to delist Alibaba and several other Chinese companies from US stock exchanges.

Alibaba launched its Qwen3 AI models, including two mixture-of-experts models designed to mimic human reasoning. These open-source models aim to rival DeepSeek while being more affordable.

Nvidia is redesigning its artificial intelligence chips to comply with new US export rules, enabling continued sales to Chinese firms, including Alibaba, as confirmed by The Information.

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About Alibaba Group Holdings Ltd.

Alibaba Group Holding Ltd engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following business segments: Core Commerce; Cloud Computing; Digital Media & Entertainment; and Innovation Initiatives and Others. The Core Commerce segment comprises of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics, a machine learning platform, and other services provide for enterprises of different sizes across various industries. The Digital Media & Entertainment segment relates to the Youko Tudou and UC Browser business. The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk, Tmall Genie, and others. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.