Alibaba shares tumble as Trump order stirs China trade angst
The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.
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 Holding will invest at least 380 billion yuan (US$52.4 billion) in its ...
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...
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Microsoft, Alibaba rocked as investors weigh their AI investments
The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...