Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Alibaba Group Holding Ltd. has announced that its video and image-generating AI model, Wan 2.1, is now publicly available as an open-source platform.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Structural shift in online drug penetration and China's digital health market growth benefit Alibaba Health (ALBHF). See why ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
Baidu could see further gains thanks to its advancements in AI—including Ernie Bot and self-driving technology—and by being ...
Global tech giants are eyeing the first-mover advantages in the initial stage of artificial intelligence development, Everbright Securities says.
Baron Funds, an investment management company, released its “Baron Emerging Markets Fund” fourth quarter 2024 investor letter ...
Alibaba's Q3/25 results were strong, with significant revenue and EPS growth. Click here to read why BABA stock remains a ...
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