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, ...

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

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