Alibaba to Spend $53 Billion on AI Infrastructure
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in ...
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next ...
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