Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years, in China’s largest ...
Chinese e-commerce and cloud giant Alibaba stock surged nearly 8% in Thursday’s trading after the company delivered better-than-expected Q3 results (fiscal year ends in March), propelled by ...
Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to ...
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business. Alibaba is planning to invest 380 billion yuan ...
Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI). As a result, the stock was down 9.7% ...
Chinese e-commerce giant Alibaba Group has revealed it is investing $53 billion (€50.6bn) into cloud computing and artificial intelligence over the next three years. This would be one of the ...
Alibaba surged on Thursday after the company made one of its artificial intelligence models public, a sign that the party isn't over for Chinese tech stocks. The e-commerce giant's Hong Kong ...
BEIJING, Feb 26 (Reuters) - Chinese e-commerce leader Alibaba (9988.HK), opens new tab said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly ...
She previously worked at The Wall Street Journal and Bloomberg. Long Wei / VCG via Getty Images U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese ...
Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era. The spending ...
Alibaba's Q3 FY 2025 earnings exceeded expectations, with net income of 48.945 billion yuan and operating income margins reaching 16.91%, indicating strong financial performance. The Cloud ...
Despite short-term volatility and risks like the looming trade war, Alibaba remains a strong long-term investment. The Chinese stock market shows signs of recovery, and Alibaba's recent 25% rally ...