
Alibaba sells game unit Lingxi Games for more than $1.5 billion, media reports
Maintaining the existing team and monetizing established titles could provide a path toward a future IPO or another asset sale.

Maintaining the existing team and monetizing established titles could provide a path toward a future IPO or another asset sale.
HongShan and Gaorong Capital jointly led the round, with Tencent and the government-backed Shanghai Engine Fund also participating.

The move comes just one week after Alibaba opened public testing of QwenWork, its enterprise-focused AI productivity platform.

Ma’s focus on agriculture is not new. Since 2018, he has repeatedly highlighted technologies such as advanced farming systems and drip irrigation.

The first wave of partners covers more than 10 sectors, including logistics, housing, local services, wealth management and automobiles.
Wan3.0 reflects a broader shift in AI video generation — from experimental content creation toward practical production workflows.

More than 2,000 global leaders and industry experts are expected to participate in discussions throughout the event.

Cainiao said that as 72-hour door-to-door delivery becomes accessible to more sellers, global e-commerce competition will enter a new phase.

Qwen3.8 arrives as the AI industry moves from conversational models toward agentic systems that can independently complete multi-step tasks.
-600x400.jpg)
QwenWork combines three previously separate products — QoderWork, MuleRun and Wukong — into a single AI office platform.