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Alibaba(9988.HK) is a multinational technology company focusing on e-commerce, retail, the Internet and technology.
Binance Futures will launch perpetual contracts for Microsoft, Broadcom, and Alibaba on April 20.
According to the official announcement, Binance Futures will launch MSFTUSDT, AVGOUSDT, and BABAUSDT—three USDT-denominated perpetual contracts—in batches on April 20, 2026. These contracts track the stock prices of Microsoft (Nasdaq: MSFT), Broadcom (Nasdaq: AVGO), and Alibaba Group (NYSE: BABA), respectively. All three contracts offer a maximum leverage of 10x, a funding rate cap of ±2%, and funding settlements every 8 hours. They support 24/7 trading and multi-asset margin mode.
Stanford Releases 2026 AI Index Report: AI's Electricity Demand Has Reached Half of Bitcoin Mining
Odaily News Stanford University's "2026 AI Index Report" reveals that the overall electricity demand of current AI systems is already close to half the scale of Bitcoin mining and approaches the national electricity consumption levels of Switzerland or Austria.The report points out that the gap in AI model capabilities between China and the United States is narrowing. In 2025, the U.S. launched approximately 50 representative models, while China launched about 30. Models from institutions such as Anthropic, xAI, Google, OpenAI, Alibaba, and DeepSeek are within the same capability tier.Furthermore, China leads in terms of AI paper citation share (20.6%) and patent quantity (74.2%), while private AI investment in the United States reached $285.9 billion, significantly higher than China's $12.4 billion.
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Tencent and Alibaba are in talks to invest in DeepSeek, with its valuation potentially exceeding $2 billion.
According to The Information, Tencent and Alibaba are in talks to invest in DeepSeek, which is valued at over $20 billion.
Binance Futures will launch perpetual contracts for Microsoft, Broadcom, and Alibaba on April 20.
According to the official announcement, Binance Futures will launch MSFTUSDT, AVGOUSDT, and BABAUSDT—three USDT-denominated perpetual contracts—in batches on April 20, 2026. These contracts track the stock prices of Microsoft (Nasdaq: MSFT), Broadcom (Nasdaq: AVGO), and Alibaba Group (NYSE: BABA), respectively. All three contracts offer a maximum leverage of 10x, a funding rate cap of ±2%, and funding settlements every 8 hours. They support 24/7 trading and multi-asset margin mode.
Stanford Releases 2026 AI Index Report: AI's Electricity Demand Has Reached Half of Bitcoin Mining
Odaily News Stanford University's "2026 AI Index Report" reveals that the overall electricity demand of current AI systems is already close to half the scale of Bitcoin mining and approaches the national electricity consumption levels of Switzerland or Austria.The report points out that the gap in AI model capabilities between China and the United States is narrowing. In 2025, the U.S. launched approximately 50 representative models, while China launched about 30. Models from institutions such as Anthropic, xAI, Google, OpenAI, Alibaba, and DeepSeek are within the same capability tier.Furthermore, China leads in terms of AI paper citation share (20.6%) and patent quantity (74.2%), while private AI investment in the United States reached $285.9 billion, significantly higher than China's $12.4 billion.
The AI video generation model HappyHorse was developed by Alibaba ATH.
Alibaba Group (09988.HK) ATH stated that HappyHorse is a model developed by ATH’s Innovation Division and is currently in internal testing; its API will be opened to the public soon. ATH’s Innovation Division has launched an initiative to explore new interaction paradigms for the AI era, and HappyHorse is part of this exploration—more products will be rolled out progressively. (Yi Cai)