Alibaba Revenue Jumps 9% as AI Cloud Growth Hits 45%—But 75% Profit Plunge Sends Shares Lower

Bitcoin mining giant Bitdeer has secured a $400 million deal for artificial intelligence (AI) cloud computing services at its Malaysia facility. The five-year agreement covers 50% of the capacity of Bitdeer AI's A102 data center before its energization, ensuring substantial revenue for the company when services commence in Q1 2027.

This strategic partnership with an undisclosed "high credit quality" client positions Bitdeer as a significant player in the burgeoning AI and cryptocurrency mining market. With a target of 350 megawatts of AI cloud capacity by Q1 2028, Bitdeer is expanding beyond Bitcoin mining to leverage its infrastructure for high-value AI services. This move reflects a broader trend of crypto companies diversifying revenue streams amid market volatility.

Our analysis reveals that WorldClaw, a crypto firm connected to the Trump family, accepts World Liberty's USD1 stablecoin while offering AI models from Chinese companies facing U.S. national security restrictions. This connection between the Trump family and Chinese technology classified as a national security risk raises serious questions about geopolitical implications and potential conflicts of interest in the crypto and AI sectors.

The involvement of a prominent political figure with Chinese technology under national scrutiny comes amid growing trade and technological tensions between the U.S. and China. The situation could have significant implications for crypto and AI regulation, potentially impacting international relations and public trust in companies associated with the Trump family. This case highlights the growing risks of intersection between decentralized finance, geopolitics, and advanced technology.

Alibaba has executed a strategic sale of its gaming division for at least $1.5 billion, marking a significant pivot point in the company's corporate strategy. This massive transaction reflects the tech giant's growing priority to redirect resources and capital toward the artificial intelligence and cloud computing sectors, gradually divesting from less strategic business segments. Alibaba's decision to divest its gaming assets is not merely an internal restructuring but a clear market signal about where future value lies. With this move, the company aims to solidify its competitive position in the AI field, where the global technology race is accelerating rapidly. Investors and analysts are closely watching how this restructuring will impact the gaming ecosystem and Alibaba's positioning against competitors like Tencent and Microsoft, who are also intensifying their AI investments.

Apple is strategically partnering with Chinese tech giant Alibaba to develop a specialized artificial intelligence model for the Chinese market. This collaboration will enable Apple to bring its Apple Intelligence system to iPhones in China, navigating the country's strict data localization and regulatory requirements.

The alliance represents a crucial move for Apple to maintain its relevance in the competitive Chinese market, where the American tech giant faces increasing regulatory challenges and local competition. By leveraging Alibaba's Qwen model, Apple can offer advanced AI features while complying with China's stringent data laws, potentially strengthening its position in one of the world's most valuable markets.

DeepSeek, the Chinese technology firm, has just released Harness v0.1 in developer preview with full open-source code. This move marks a radical shift in the artificial intelligence landscape, promising to democratize AI development and challenge established industry giants. With open-source code, developers worldwide will gain access to DeepSeek's advanced tools without traditional cost and licensing barriers. This disruptive approach not only accelerates innovation but also potentially reshapes the software industry landscape, forcing competitors to rethink their intellectual property and technology access strategies.

Chinese tech giant Alibaba has unveiled its most advanced AI model to date, the Qwen3.8-Max, stunning the industry with its massive 2.4 trillion parameters. This strategic launch positions China as a serious contender in the global race for AI supremacy, presenting a direct challenge to American dominance in cutting-edge technology. The initiative is part of a broader national strategy to enhance global tech influence and attract developers worldwide. With such a massive AI model, Alibaba is not only competing with American giants like OpenAI and Google but also accelerating the AI arms race between superpowers, with significant geopolitical implications for the future of digital technology.