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 ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

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

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

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 Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...

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.