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 ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are rising in premarket trading Friday after GameStop CEO Ryan Cohen ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...
Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it ...
The former is an e-commerce giant, a leader in cloud computing, a major cross-border e-commerce player, a leading logistics company, and more. The latter owns China's most prominent search advertising ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba's strong Q4 beat shows growth in e-commerce and cloud. Learn why BABA stock faces risks despite AI-driven rally and ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...