Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and Artificial Intelligence infrastructure.

KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years.

Alibaba Group offers 3,000 internships, over half in AI. Plans to invest $52.2B in AI and cloud computing. Stock down 4.61%.

Alibaba’s Cloud Intelligence Group is the key long-term growth driver, fueled by AI demand and rapid expansion. See why I rate BABA stock a buy.

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

We recently published a list of 10 AI News Updates Making Waves on Wall Street. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other AI news stocks making waves on Wall Street. OpenAI has ...

Here’s what you need to know. The world’s fourth largest cloud computing company, Alibaba Group, unveiled plans Monday to invest $53 billion in its AI infrastructure and data centers as the ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain consumer sentiment and decelerating economic

Alibaba Group Holding Limited outperforms Shanghai Composite & rivals like PDD, JD.com with strategic focus on e-commerce & cloud. Read more on BABA stock update.

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure.

We recently published a list of 10 Cheap Chinese Stocks to Buy Now. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other cheap Chinese stocks to buy now.