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

Alibaba initially introduced its latest version of video and image-generating AI model in January, later renaming it Wan from ...

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

Nvidia has established itself as a dominant player in the AI chip and semiconductor market, particularly with its powerful ...

Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global ...

Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence chip due to booming demand for DeepSeek's ...

Alibaba Group (NYSE: BABA) has announced plans to invest $53 billion (¥380 billion) in artificial intelligence (AI) and cloud ...

Alibaba Group announced plans to invest 380 billion yuan ($52 billion) in artificial intelligence (AI) and cloud ...

Chinese stocks have gained much attention in recent months due to the U.S.-China trade war, the jitters caused in the U.S. tech world by the ...

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

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...

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