Alibaba finds way to profit from open AI — major clients will have to share revenue

Chinese tech giant Alibaba is preparing a proposal for its commercial clients, under which the largest ones will have to share a portion of their revenue generated with the help of the open-source Qwen model. The news was reported by Reuters.

Alibaba/Qwen

Unitree Prepares for IPO — DeepSeek to Buy $20.8 Million in Shares

Chinese robot maker Unitree has completed preparations for its IPO on the Shanghai Stock Exchange, pricing shares at 150.8 yuan ($22.34) and valuing the company at 61 billion yuan ($9.04 billion). DeepSeek will invest 140.8 million yuan ($20.8 million) for 933,399 shares, or 2.31% of the offering, as part of a partnership agreement.

DeepSeek