Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
GDS Holdings stock has surged due to bullish sentiment on China's AI sector. Read this article to know why we upgraded GDS ...
Alibaba announces historic $380B yuan investment in AI and cloud computing infrastructure over next 3 years, marking largest ...
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...