Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the ...

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...

The hundreds of billions of dollars flowing into AI development has drawn concern that the boom could actually be a bubble.

Alibaba Group Holding Ltd (阿里巴巴) pledged to invest more than 380 billion yuan (US$52.4 billion) in artificial intelligence ...

Alibaba is planning to invest over $53 billion in AI infrastructure, including AI data centers, in the next three years.

Chinese tech giant unveils massive three-year investment in a move to capitalise on the AI opportunity and position its cloud ...

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the ...

Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...