The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...

Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, ...

Alibaba announced plans to invest at least RMB380 billion (US$53 billion) over the next three years to advance its cloud ...

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

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.

Chinese tech company Alibaba ( NYSE: BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in ...