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

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

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 ...

Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e ...

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s stock price shot up 5.9% during mid-day trading on Friday after Benchmark raised their price target on the stock from $118.00 to $190.00.

The stock market has had a great run the past few years. The S&P 500 index is sitting close to new highs, but some stocks ...

Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...

PapaHome has over 10,000 furniture and home decoration items on display, allowing customers to get an up-close look before ...

Alibaba Group (NYSE:BABA – Get Free Report) had its target price raised by JPMorgan Chase & Co. from $125.00 to $170.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has ...

Wang Jian, an academician of the Chinese Academy of Engineering and president of Zhijiang Lab, makes a speech at a symposium themed on AI for Science, which was organized by the W ...

Apple hopes the new device will allow it to become more competitive in China after the iPhone lost its spot as China’s bestselling smartphone.

Adding groceries to the delivery offering plays to two of consumer tech’s favoured tropes. First, the flywheel: more drivers ...