Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

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

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

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud ...

Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the investment bank believes that Microsoft has voided contracts for data centers with ...

Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.