Alibaba will release an open-source version of its video and image-generating artificial intelligence model, Wan 2.1, the ...
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 ...
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Trump directed a US agency to limit Chinese spending on technology and other strategic US sectors. Read more at ...
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Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the ...