Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Alibaba just dropped a bombshell: it's pouring $52.4 billion into AI and cloud computing over the next three yearsmore than ...

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.

Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...

Chinese tech giant unveils massive three-year investment in a move to capitalise on the AI opportunity and position its cloud ...