Alibaba's AI-Powered Turnaround
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba is going all in on developing AI that can reason like a human being
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Why Alibaba Stock Was Falling Today
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...
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Microsoft, Alibaba rocked as investors weigh their AI investments
The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...
Alibaba plans major AI investment as revenues rebound in third quarter
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba Joins Global AI Race With $53 Billion Investment
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 ...