Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
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 ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
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 ...
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 Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Analysts say China’s AI investment is just beginning to pay off, with more firms expected to launch their own models soon.
Alibaba Group Holding's Qwen artificial intelligence (AI) model is powering the world's top 10 open-source large language ...