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America can’t win by targeting Alibaba

Financial Express Kolkata

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November 21, 2025

IT WAS SUPPOSED to be a good week for Alibaba Group Holding Ltd. The tech giant released its revamped Qwen app to users in China, with plans to roll out the ChatGPT-like tool internationally later on.

- CATHERINE THORBECKE

The company’s family of artificial intelligence (AI) models have proven extremely popular with global developers, but the release of the all-in-one app signalled its boldest push yet into the consumer market. The new Qwen platform goes beyond conversational AI, the company said, and can generate a full research report or produce a PowerPoint presentation in seconds. For now, Alibaba is offering it up for free—a move that could potentially pose a threat to Silicon Valley leader Open AI, which reportedly earns 70% of its annual revenue from consumers using ChatGPT.

But that news was largely overshadowed by a Financial Times report alleging Alibaba provides tech support for Chinese military operations according to a White House memo shared with the news outlet. The company has denied the claims as completely false and questioned the motivation behind the anonymous leak.

Financial Express Kolkata'den DAHA FAZLA HİKAYE

Financial Express Kolkata

Maharashtra drives sugar output up 43% in Oct-Nov

INDIA'S SUGAR PRODUCTION increased by 43% to 4.11 million tonne (MT) in the first two months of the 2025-26 marketing year (October-September) compared to the previous year, due to a sharp spike in output from Maharashtra and surplus monsoon rainfall, the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) said on Tuesday.

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1 min

December 03, 2025

Financial Express Kolkata

Balaji Wafers scales up production plans

SNACKS MAKER NEARS STAKE SALE TO GENERAL ATLANTIC

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2 mins

December 03, 2025

Financial Express Kolkata

SIM-binding order may lose signal

EXPERTS FLAG TECHNICAL HURDLES IN DoT’S NEW SIM-BASED RULE

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2 mins

December 03, 2025

Financial Express Kolkata

Imran Khan’s sister allowed to meet him in Adiala Jail

THE PAKISTAN GOVERNMENT on Tuesday allowed Imran Khan’s sister to meet him in prison after a large number of party supporters gathered outside Rawalpindi’s Adiala Jail following speculation over his health and well-being.

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1 min

December 03, 2025

Financial Express Kolkata

Small-, mid-cap indices may continue to underperform

EXPENSIVE VALUATIONS

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1 mins

December 03, 2025

Financial Express Kolkata

Firms excited to seize upon free trade pact with India: UK

THE UK GOVERNMENT has said that the free trade pact with India, once implemented, is expected to significantly enhance the 44.1-billion-pound bilateral trade partnership, and companies from both sides are “excited” to seize the investment and growth opportunities.

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1 min

December 03, 2025

Financial Express Kolkata

Fireside closes fourth fund at $235 mn

FIRESIDE VENTURES HAS announced the final close of its fourth fund at $253 million, securing commitments from a broad set of global investors, including the Abu Dhabi Investment Authority (ADIA), Investment Corporation of Dubai (ICD), US university endowments, and financial institutions such as HarbourVest, Waterfield,and Fidelity International.On the domestic side,the fund has attracted consumer-focused corporations like Sharrp Ventures, Mirabilis, and Emami, as well as several founders from India’s startup ecosystem.

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1 min

December 03, 2025

Financial Express Kolkata

Wakefit to challenge Ikea: CEO

Firm sets price band at ₹185-195 for ₹1,288-cr IPO

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1 min

December 03, 2025

Financial Express Kolkata

Banks resume lending...

Industry watchers pointed out that in order to drive up yields, and protect their margins, banks are moving away from highly competitive corporate loans.

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1 min

December 03, 2025

Financial Express Kolkata

Eurozone inflation edges up

EURO-AREA INFLATION inched up, supporting the European Central Bank’s view that there’s little reason to lower borrowing costs further.

time to read

1 min

December 03, 2025

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