Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

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 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 giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...

Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...

Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.

Investors looking for companies they can invest in to benefit from the growth of AI in China have generally focused on ...

Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...

Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...