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

The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.

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

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

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

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

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Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) ...

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

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

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.