The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Alibaba Group Holding's December quarter earnings surpassed expectations, with strong cloud growth and rising EBITA. Click to ...
Chinese billionaire Jack Ma’s Alibaba is going all in on artificial intelligence, by announcing a $53 billion investment over the ...
Explore Alibaba Group Holding Limited's stock growth driven by commerce recovery, cloud expansion & Apple partnership. Click ...
Investors looking for companies they can invest in to benefit from the growth of AI in China have generally focused on ...
Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results today. Alibaba stock has surged more ...
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results on February 20. Alibaba stock has ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...