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In a bid to raise its profile in the global artificial intelligence (AI) community, Alibaba today announced the open-source release of its state-of-the-art AI video generation model, Wan 2.1. The action aims to drive innovation and cooperation in the AI ecosystem by providing free access to sophisticated tools capable of generating high-quality videos and images from image and text prompts.

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The global economic landscape shifted dramatically on March 5, 2025, as the United States and China escalated their trade confrontation through aggressive tariff strategies. President Donald Trump's latest economic maneuver significantly increased import tariffs, prompting an immediate and combative response from Beijing.

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For decades, the Pritzker Prize has been a stage for architectural legends—the visionaries who stamp their unmistakable style onto skylines and cityscapes. But 2025's laureate, Liu Jiakun, is a different kind of master. Unlike the starchitects who have long dominated the field, Liu has built a career on not having a signature look. Instead, he lets his projects take shape from their surroundings, whispering their own stories through materials, history, and local culture.

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President Xi Jinping met with prominent private business leaders, including Alibaba's Jack Ma, on Monday, according to state media. The meeting comes after Xi Jinping has emphasized the importance of state-owned enterprises and cautioned against the "disorderly" expansion of the private sector during his time in office.

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Prime Minister Narendra Modi announced Friday that India and the EU will aim to finalize a "mutually beneficial" free trade agreement by the end of the year. The announcement came after a meeting with EU Commission President Ursula von der Leyen in New Delhi, where both leaders tasked their teams with achieving the deadline.

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South Korea's Personal Information Protection Commission (PIPC) has suspended new downloads of DeepSeek, a Chinese artificial intelligence application, citing the company's failure to comply with national data protection regulations. The suspension, which took effect on February 15, 2025, marks another setback for the AI startup in its global expansion efforts.

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