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

U.S. stock futures are pointing higher as investors look for a market recovery following last week's declines; Apple says it ...

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

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

The spending plan amounts to nearly eight times its most recent quarterly profit of $6.7 billion. "The investment, which exceeds Alibaba's total AI and cloud spending over the past decade, underscores ...

Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...

– Sunnmøre, Norway-based Mathias Bjørge has announced two hires key to its growing salmon division expansion: Joakim Braseth ...

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

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 ...

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