Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Alibaba Group Holding Ltd shares tumbled in US trading on Monday as President Donald Trump’s latest executive order stirred ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Palantir stock declines for a fourth consecutive day, Nvidia, the leading maker of AI chips, reports earnings later this week ...
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Trump directed a US agency to limit Chinese spending on technology and other strategic US sectors. Read more at ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback