Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors

every morning. Thanks so much for joining us on this Thursday, November 13th. I'm Julie Morgan.

Alibaba and Baidu are unveiling their next generation AI plans, and the U.S. is facing a self-inflicted

data void. Alibaba is reportedly preparing an

overhaul of its main mobile AI app in the coming months to help it more closely resemble

OpenAI's ChatGPT. Bloomberg News reported that Alibaba plans to start by updating the existing

apps on iOS and Android and

renaming them Quinn after the company's well-known AI model.

The report added it will then gradually add agentic AI features in the coming months to support

shopping on platforms, including the main marketplace Talbao.

The end goal is to try to make Quinn a

fully functioning AI agent. Alibaba plans to eventually expand globally with an overseas version

and has dedicated more than 100 developers from around the company to the makeover over the past

months as part of the additional investments in AI.

Sticking with the topic of China and AI, Baidu unveiled two new chips for AI processors and

supercomputing products at its annual flagship technology conference themed AI in action.

According to a Reuters report, the M100 and inference focus chip is set to be launched early next year, while the M300, capable of both training and inference, is slated for early 2027. This move supports China's broader strategy to cut reliance on any foreign chip maker. The government is open again.

And it's an honor now to sign this incredible bill and get our country working again.

That was President Trump late on Wednesday signing into law a federal spending package after it was

cleared by Congress, ending the longest shutdown

in U.S. history. But even as the government shutdown ends, the White House is saying some data

may be lost forever. Here's White House Press Secretary Caroline Levitt. With October CPI and jobs

...