2026-07-20
Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof.
Days after a rival Chinese lab shook Silicon Valley, Alibaba has fired back. The company previewed Qwen3.8, its most powerful model yet, and made a bold claim: it trails only one model on Earth. Alibaba unveiled the model at the World Artificial Intelligence Conference in Shanghai. Its Qwen team said on X that Qwen3.8 is […]<br /> This story continues at The Next Web [...]
2026-07-20
China’s car market is heading for its worst year since 2021. Sales fell 20% in the first half.
China’s passenger car sales fell 20.2% in the first half of 2026 to 8.7 million units, and the China Passenger Car Association has lowered its full-year forecast to a 14% decline, projecting 20.4 million deliveries, down from a record 23.7 million in 2025. Citic CLSA’s Xiao Feng expects a 20% full-year drop. “This is going […]<br /> This story continues at The Next Web [...]
2026-07-20
Kenya investigates hack of Ruto’s official website after bitcoin ransom demand
Kenyan authorities are investigating a cyberattack that defaced President William Ruto’s official website over the weekend, replacing the homepage with a ransom message and a cryptocurrency wallet address. The government pulled president.go.ke offline on Saturday and has since said it found no evidence that sensitive data was taken. The intruders demanded five bitcoins, worth roughly […]<br [...]
2026-07-20
The EU just fined AliExpress €550M, its biggest DSA penalty yet
Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is the biggest yet under the EU’s Digital Services Act (DSA). That law forces very large platforms […]<br /> This story continues at The Ne [...]
2026-07-20
Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups
Moonshot AI has a problem most startups would envy. Its new Kimi K3 model proved so popular that it ran out of computing power to serve everyone. So the Chinese lab has hit pause on new sign-ups. Over the past 48 hours, demand “pushed close to the limits of our current capacity,” the company said […]<br /> This story continues at The Next Web [...]
