The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
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 Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...
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 ...
Alibaba Group Holding's Qwen artificial intelligence (AI) model is powering the world's top 10 open-source large language ...
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...
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