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.
China's market regulator held a symposium on fair competition with executives from seven companies, including Alibaba and ...
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
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We recently published a list of 12 AI Updates Worth Taking a Look At. In this article, we are going to take a look at where ...
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
BEIJING (Reuters) -Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial ...
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