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 ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Alibaba Group Holding Ltd shares tumbled in US trading on Monday as President Donald Trump’s latest executive order stirred ...
The AI race is heating up like never before, with companies across the globe fighting to stay on top. Right now, it's mainly ...
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