Alibaba announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the next three years.

E-commerce giant Alibaba is back in the spotlight with founder Jack Ma’s attendance at Chinese President Xi Jinping’s big tech billionaire bash. The company’s big bet on AI also seems to be paying off ...

Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial ...

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

Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...

Estimated downtime cost individual firms up to US$2M; traditional "air gapping" no longer sufficient SINGAPORE, Feb. 24, 2025 /PRNewswire/ -- A global study by Omdia has found that 80% ...

SINGAPORE, Feb. 24, 2025 /PRNewswire/ -- A global study by Omdia has found that 80% of manufacturing firms experienced a significant increase in overall security incidents or breaches last year, but ...

U.S. Sen. John Fetterman this week joined Sen. Tina Smith (D-MN), Sen. Kevin Cramer (R-ND), and Sen. Katie Britt (R-AL) to ...

Code within the new iOS 18.4 beta shows that Apple appears to be readying an alternative to its ChatGPT integration in Apple Intelligence, with an option to use Google Gemini.

The week was abuzz with news from the tech world, with AI in the spotlight. Bill Gates warned of challenges for future generations, while Nvidia and Alibaba made strides in assistive tech and AI.