Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Jefferies analyst Thomas Chong maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report) yesterday and set a price target ...
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...
Alibaba Group Holdings Ltd.’s U.S.-listed stock fell 2.7% in premarket trading on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its 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.
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...