Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Alibaba Group Holding Ltd (阿里巴巴) pledged to invest more than 380 billion yuan (US$52.4 billion) in artificial intelligence ...
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
Alibaba Group BABA delivered mixed results in its third-quarter fiscal 2025 earnings report, triggering a significant market response with shares surging 10% in Hong Kong and 8% in U.S. trading. The ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
BEIJING (Reuters) - Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Elon Musk and Donald Trump’s efforts to slash US government spending are starting to shift sentiment around overheated ...
Alibaba will invest $53 billion (380 billion yuan) over three years to strengthen its cloud and AI infrastructure, exceeding ...