The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to developers.
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...