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

Alibaba Cloud Revenue Accelerates. The big spending plans comes as investors are scrutinizing costs related to AI, particularly after China startup DeepSeek launched a powerful AI ...

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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.

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

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 ...

– 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 ...