Cloud computing Alibaba Group - Search News

AI, Alibaba Group and Cloud

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.

Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges

Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.

The Wall Street Journal on MSN · 1d

Alibaba to Spend More Than $52 Billion in AI, Cloud Over Next Three Years

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

1don MSN

Alibaba commits US$53 billion for AI infrastructure in largest private computing project

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

Stocktwits on MSN4d

Alibaba Group Stock Soars On Q3 Earnings Beat, Cloud Computing Gains: Retail Stays Bullish

U.S.-listed shares of Alibaba Group Holding (BABA) rose more than 8% on Thursday and were climbing in after-hours trading ...

5d

Alibaba to ramp up AI, cloud computing investments as quarterly profit surges 239%

Chinese e-commerce giant Alibaba Group Holding saw profit surge 239 per cent cent in the December quarter to beat analysts' ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results