Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
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We recently published a list of 12 AI Updates Worth Taking a Look At. In this article, we are going to take a look at where ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
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Alibaba Group Stock Soars On Q3 Earnings Beat, Cloud Computing Gains: Retail Stays BullishU.S.-listed shares of Alibaba Group Holding (BABA) rose more than 8% on Thursday and were climbing in after-hours trading ...
The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...
Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, ...
DeepSeek has reopened access to its core programming interface after nearly a three-week suspension, resuming a service key ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
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