Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

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

Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek’s R1 model that challenged the ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next ...

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

Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive ...

Alibaba Group, the parent company of AliExpress, plans to accelerate investments in artificial intelligence and cloud computing after reporting a 333 per cent surge in net income to $6.36 bn for the ...