Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
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Hosted on MSNChina's Alibaba to invest $50 bn in AI, cloud computingChinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...
Powered by AI, Alibaba delivered a double beat for Q3 earlier this morning triggering a double-digit bounce in its stock.
CEO said the pursuit of artificial general intelligence is the company's primary objective when it comes to their AI strategy ...
Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it ...
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