Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
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 (AI) and cloud ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...
Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...