Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.
Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Chinese tech giant unveils massive three-year investment in a move to capitalise on the AI opportunity and position its cloud ...
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...