Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba's AI-Powered Turnaround
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Group announces multi-billion dollar AI and cloud investment
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial intelligence across several of its divisions such as e-commerce and ...
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Alibaba joins global AI race with $53 billion investment in AI
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
Alibaba Group (NYSE:BABA) Price Target Raised to $190.00
Alibaba Group (NYSE:BABA – Free Report) had its target price upped by Benchmark from $118.00 to $190.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage ...
Alibaba Surges as Comeback for Jack Ma’s Empire Takes Hold
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
Alibaba Group Holding Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
Jefferies Reaffirms Their Buy Rating on Alibaba Group Holding Ltd. (9988)
Jefferies analyst Thomas Chong maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report) yesterday and set a price target ...