Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence chip due to booming demand for DeepSeek's ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans ...
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Trump directed a US agency to limit Chinese spending on technology and other strategic US sectors. Read more at ...
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Tuko on MSNChina's Alibaba to invest over $50B in AI, cloud computingChinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...
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