Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...

The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...

Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

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

Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.

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U.S. stock futures are pointing higher after Friday’s selloff, Apple says it will invest $500 billion in the U.S. over the ...

GDS Holdings stock has surged due to bullish sentiment on China's AI sector. Read this article to know why we upgraded GDS ...

Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...

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