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 ...
KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant ...
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.
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 ...
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
Berkshire Hathaway‘s fourth-quarter operating earnings surge 71%, Apple plans to spend more than $500 billion in the U.S.
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