King Nvidia Earnings Ahead. Please click here for an enlarged chart of Chinese e-commerce company Alibaba Group Holding Ltd
Alibaba Group has announced a massive investment of 380 billion yuan ($52.44 billion) into generative AI and cloud computing infrastructure over the next three years. This sum surpasses Alibaba’s entire cloud and AI budget from the last decade.
Chinese e-commerce giant Alibaba Group Holding saw revenue rise 8 per cent in the December quarter to beat analysts’ estimates, as the company’s cloud computing services unit posted strong growth. The Hangzhou-based tech conglomerate on Thursday reported total revenue of 280.
Alibaba Group Holdings (NYSE:BABA) rallied in early trading on Thursday after issuing its FQ3 earnings report. The online retail giant reported an adjusted net profit of 51.07 billion yuan ($7.01 billion),
Apple has officially partnered with Alibaba to bring Apple Intelligence AI features to the iPhone in China. Alibaba Group
Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China.
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing and AI infrastructure, making it the largest private computing project to date.
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and Artificial Intelligence infrastructure.
Alibaba, Ryan Cohen and Billionaire GameStop
· 4d
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
Meme stock icon Ryan Cohen reportedly has a $1 billion bet on Chinese tech giant Alibaba
Cohen, the CEO of GameStop and a hero among the meme stock crowd, has grown his bullish bet on the Chinese tech giant to $1 billion, the Journal reported.
· 4d · on MSN
Billionaire GameStop CEO Ryan Cohen boosts stake in Chinese titan Alibaba to $1B: report
China’s Alibaba sees revenue surge on back of AI, e-commerce
· 4d
China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.
China's Alibaba sees revenue surge on back of e-commerce and AI
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalises on the artificial intelligence boom in China. View o
Some results have been hidden because they may be inaccessible to you
Show inaccessible results